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Accounts Receivable Period
The accounts receivable period is the average number of days it takes for a company to collect payments owed by its customers after a sale has been made.
Expected Sales
The projected amount of sales that a company anticipates to achieve within a specific period.
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.