Examlex
Which of the following is a trace element?
Days' Sales
This is a measure of a company’s operational efficiency, indicating how many days it takes for a company to turn its inventory into sales.
Average Collection Period
The average amount of time it takes for a business to receive payments owed by its customers.
Accounts Payable
The amount a company owes to its suppliers or vendors for goods or services received but not yet paid for.
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