Examlex
Cases that have multiple citations are referred to as having
Past-due Account
An account that has not been paid by the due date, indicating overdue payments.
Receivable
Amounts of money owed to a company by customers or clients for goods or services delivered but not yet paid for.
Average Collection Period
The average collection period is the average number of days it takes for a business to receive payments owed by its customers for sales made on credit.
Accounts Receivable
Funds that are owed to a company by its customers for products or services provided on credit.
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