Examlex
What is a statement of cash flows?
Average Collection Period
The average number of days it takes a company to receive payment after a sale has been made.
Operating Cycle
The period between the acquisition of inventory and the collection of receivable generated from sales, reflecting how long it takes for a business to convert its inventory into cash.
Cash Collections
The process of gathering and managing the cash received from customers or clients.
Collect
The act of receiving or gathering something, often referring to the collection of payments or receivables in a business context.
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