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Total Collection Time
The period it takes for a business to convert its credit sales into cash, encompassing the entire process from sale to cash collection.
Cash Management
The process of collecting, managing, and investing a company's cash flow in a way that maintains or increases the company's liquidity.
Temporary Excess Cash
Surplus cash not required for immediate operational or investment needs, often invested in short-term securities.
Invest
The act of allocating resources, usually money, in order to generate an income or profit.
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