Examlex
Few business letters or email messages involve persuasion.
Days Sales Outstanding
A calculation used by a company to estimate the average number of days it takes to collect payments after a sale has been made.
Receivables
Funds that are owed to a company by its customers as a result of the sale of goods or services on credit.
Sales
The total amount of goods or services sold by a business, contributing to its revenue.
Average Payables Period
A financial metric that calculates the average number of days it takes a company to pay its vendors and suppliers.
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