Examlex
Identify the functions of involvement with a person.
Accounts Payable Period
The average time it takes for a business to pay off its suppliers after receiving goods or services, reflecting on the company's cash management efficiency.
Average Collection Period
The typical time frame for a company to receive dues from its clients for goods or services offered on credit.
Operating Cycle
The duration of time it takes for a company to buy inventory, sell it, and convert the sale into cash.
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