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-Grimm brothers and Hans Christian Andersen
Collection Delay
The time lag between when a payment is made by a customer and when the funds become available to the recipient company.
Average Amount
The mean value obtained by dividing the sum of all amounts by the number of amounts, often used to determine the typical value in a set of data.
Collection Time
The average time it takes for a business to collect payments owed by its customers.
Mailing Days
Mailing days refer to the business days considered for the processing and delivery of mail.
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