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Which company exhibited more favorable receivables management, as measured by average collection…

by | Sep 9, 2023 | finance

Which company exhibited more favorable receivables management, as measured by average collection period, in 2020, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2020?

The average collection period for the retail industry sector is 4.0 in 2020 and 5.1 in 2021.

 Which company exhibited more favorable receivables management, as measured by average collection period, in 2021, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2021?

 

Receivable Management

 

 

  

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