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In a typical qualitative interview,
Operating Cycle
The duration between the acquisition of inventory and the collection of cash from receivable accounts in a company's business process.
Collection Period
The average number of days it takes for a business to receive payments owed by its customers, indicating the efficiency of a company's credit and collection policies.
Sales
The total amount of revenue generated by a company from the sale of goods or services before any costs or expenses are deducted.
Accounts Receivable Balance
The entire sum owed by customers to a company for the consumption of goods or services for which payment has not been made.
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