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Psychoanalytic pioneer Oskar Pfister attributed the near-death experiences of skiers and climbers to
Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects revenue from its credit sales by dividing net credit sales by average accounts receivable.
Payables Deferral Period
The average time between the purchase of goods or services by a company and the payment of this outstanding money to its suppliers.
Cash Conversion Cycle
The length of time between the firm’s actual cash expenditures on productive resources (materials and labour) and its own cash receipts from the sale of products (i.e., the length of time between paying for labour and materials and collecting on receivables). Thus, the cash conversion cycle equals the length of time the firm has funds tied up in current assets.
Accounts Payable
Accounts Payable is the amount of money owed by a company to its creditors for goods and services purchased on credit.
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