The U.K.'s top 50 firms by revenue are continuing to struggle with getting client bills paid, analysis by audit firm Evelyn Partners has shown. The research involved a close analysis of the latest set ...
Almost 115,000 businesses waited an average of 57 days for payment last year, according to research by North West insolvency expert Begbies Traynor. It said of these firms awaiting payment, 1,000 ...
Investors looking for an indication of a firm's commercial power may look at how fast it pays customers and suppliers. Enter debtor and creditor days. Say a firm has sales of £500m, opening ...
Late-paying clients are the bane of all businesses – you work hard to find the right candidate, the client loves them and decides to make an offer, and you duly issue your invoice for services ...
As small companies are squeezed to near bankruptcy with increasing late payment, offering finance could be the answer, writes Phillip White A front page story of CRN earlier this year came as a bit of ...
Freshfields Bruckhaus Deringer's offices at 855 Main Street in Redwood City, CA. Photo: Marc Olivier Le Blanc Freshfields Bruckhaus Deringer is placing greater internal pressure on reducing the firm's ...
‘Debtor days’ refers to the number of days that a company takes to collect cash from its credit sales, which is indicative of the company’s liquidity position and its collections department’s ...
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 ...
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