Average Collection Period

Business, Legal & Accounting Glossary

Definition: Average Collection Period


Average Collection Period


Full Definition of Average Collection Period


The average time period for which receivables are outstanding. Equal to accounts receivable divided by average daily sales. also called collection ratio.


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https://payrollheaven.com/define/average-collection-period/
Modern Language Association (MLA):
Average Collection Period. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/average-collection-period/.
Chicago Manual of Style (CMS):
Average Collection Period. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/average-collection-period/ (accessed: November 29, 2021).
American Psychological Association (APA):
Average Collection Period. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/average-collection-period/

Definition Sources


Definitions for Average Collection Period are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.