The collection period is the time that it takes for a business to convert balances from accounts receivable back into cash flow. This can apply to an individual transaction or to the business's ...

Discover how long accounts receivable can stay outstanding, what impacts they have on businesses, and strategies for managing ...

Calculating an accounts receivable turnover ratio offers insight into how well a business handles the collection of its receivables. By using an AR turnover formula, businesses can determine the ...

The Average Collection Period (ACP) is a financial ratio that calculates the average number of days it takes for a company to collect the money owed to it by its customers (its accounts receivable).

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...