Examlex
Production control involves routing operations,scheduling,and expediting work flow.
Accounts Receivable Turnover
A financial ratio indicating how quickly a company collects cash from credit sales, calculated over a given period.
Accounts Receivable
Accounts receivable represents the money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Sales
The cumulative amount of money made by a business from selling its goods or services.
Average Collection Period
The average collection period is the average amount of time it takes for a business to receive payments owed by its customers for sales made on credit.
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