Examlex
The advent of electronic networking has made prospecting for new business even more difficult.
Average Daily Receipts
The average amount of cash received by a business each day over a specific period, often used to gauge the company's liquidity and cash flow efficiency.
Collection Delay
The time lag between when a company issues an invoice and when it actually receives payment from the customer.
Customers
Individuals or organizations that purchase goods or services from a business, thereby generating revenue for the company.
Average Amount
The middle value of a set of numbers, determined by dividing the sum of these numbers by their quantity.
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