This calculator calculates the average days for debt collection using enter the debtors at the end of year, enter the sales for the entire year values.
Formula:
Debtors days = ( debtors * 365 ) / sales
This calculator calculates the average days for debt collection using enter the debtors at the end of year, enter the sales for the entire year values.
Debtors days = ( debtors * 365 ) / sales