A rough guideline states that for a company with no discounts offered,days' sales uncollected should not exceed 1⅓ times the days in its credit period,if discounts are not offered.

Name: A rough guideline states that for a company with no discounts offered,days' sales uncollected should not exceed 1⅓ times the days in its credit period,if discounts are not offered.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is a commonly used guideline in analyzing a company's accounts receivable turnover and collection efficiency.

A Rough Guideline States That for a Company with No