Credit Management: Setting Up DSO Targets
Setting DSO target for Cash Collection
What if my director said to me, “I want you to achieve only 70 Days Sales Outstanding for this coming month September 2005.” How then do I calculate the cash required to achieve 70 DSO?
Illustration:
Assuming that for August 2005’s DSO is 75 days and the scenario is as [...]
March 28, 2006
Tags: Credit management, Days Sales Outstanding, DSO Posted in: CREDIT MANAGEMENT/CONTROL
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