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Seasonal Nature
The characteristic of certain processes, businesses, or industries that experience regular and predictable changes that recur every calendar year.
Cash Cycle
The cash cycle is a period between the outlay of cash for the purchase of inventory and the receipt of cash from customer sales, measuring the efficiency of a company's cash management.
Accounts Payable Period
The time it takes for a company to pay off its suppliers after a purchase is made, typically measured in days.
Liberal Accounts Receivable Policy
A policy that involves offering lenient credit terms to customers, such as extended periods before payment is due, which can encourage sales but may increase the risk of bad debts.
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