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Direct Write-off Method
A method of accounting for bad debts in which companies write off receivables when they determine they are uncollectible.
Days' Sales in Receivables
A financial metric that measures the average number of days it takes for a company to collect payments from its credit sales.
Aging the Receivables
The process of categorizing accounts receivable according to the length of time an invoice has been outstanding.
Due Date
The specified date by which a payment, assignment, or task is required to be completed or submitted.
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