Days Receivable

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Definition: Days Receivable

Days Receivable
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Full Definition of Days Receivable

A measure of the average time a company’s customers take to pay for purchases, equal to accounts receivable divided by annual sales on credit times 365.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/days-receivable/
Modern Language Association (MLA):
Days Receivable. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/days-receivable/.
Chicago Manual of Style (CMS):
Days Receivable. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/days-receivable/ (accessed: April 23, 2024).
American Psychological Association (APA):
Days Receivable. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/days-receivable/

Definition Sources

Definitions for Days Receivable 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.