The debtors of your business are the final stage before all your business efforts turn to cash. 

Account Receivables Days is the number of days it takes for clients / customers to pay your invoices.

The Calculation for Account Receivables Days is Accounts Receivable / Annual Revenue x 365.

Most accounting packages will provide this information for you, i.e., a list of your outstanding debtors and the number of days they have been outstanding / overdue.

Reducing your Debtor Days will improve your cash flow.

If you would like to discuss further please contact us:

McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com