Examlex
What is a banker's acceptance? How are they initiated? Why are they desirable for the exporter?
Expected Sales
The projected amount of sales that a company anticipates to achieve within a specific period.
Average Collection Period
The average number of days it takes a company to receive payment after a sale has been made.
Operating Cycle
The period between the acquisition of inventory and the collection of receivable generated from sales, reflecting how long it takes for a business to convert its inventory into cash.
Cash Collections
The process of gathering and managing the cash received from customers or clients.
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