Improve debtor days to help cashflow recovery

Improve debtor days to help cashflow recovery

In a slower moving economy, it’s more important than ever to stay on top of your debt collection. Establishing how long it takes you to get paid is the first step, but how can you measure this? Debtor days measures, on average, how long your customers take to pay you....
Critical numbers – Debtor days

Critical numbers – Debtor days

How long is it taking you to get paid? How do you measure this? What strategies can you adopt to get paid faster? Debtor days is used to measure, on average, how long your customers take to pay you. While there are many complex formulas to accurately calculate this, a...