A measure of how long it takes a company to collect the money is owed for the goods or services it has sold.

Say a firm has sales of £500m, opening balance-sheet debtors (receivables) of £50m and closing debtors of £60m. The average is £55m. Expressed in days, that's (£55m/£500m) x 365, or about 40 ...

A measure of how long it takes a company to collect the money is owed for the goods or services it has sold. It is calculated by dividing the cumulative amount of accounts receivable by sales and ...

Debtors' prisons are illegal in every state, but more and more Americans are finding themselves behind bars as a result of unpaid debt, some for just a few hundred dollars. The state of Illinois ...

According to the article in comparison, mid-sized firms – those with 50 to 249 employees – saw debtor days increase from 48 in 2005 to 51 in 2006. This puts the SME IT suppliers market under an ...