Examlex
Most organizational behaviour theories have been developed by OB scholars rather than from other disciplines.
Accounts Receivable Turnover
This ratio measures how efficiently a company collects revenue from its customers by dividing total sales by the average accounts receivable during a specific period.
Credit Sales
Sales transactions where the payment is deferred to a future date, essentially extending credit to the purchaser.
Credit Period
The amount of time allowed by a seller for a buyer to pay for goods or services received, typically expressed in days.
Operating Cycle
The time period between the acquisition of inventory and when cash is collected from receivables.
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