Days sales outstanding

About

Thing
In accountancy, days sales outstanding is a calculation used by a company to estimate the size of their outstanding accounts receivable. It measures this size not in units of currency, but in average sales days. Typically, days sales outstanding is calculated monthly.
Days sales outstanding
Definition
In accountancy, days sales outstanding is a calculation used by a company to estimate the size of their outstanding accounts receivable. It measures this size not in units of currency, but in average sales days. Typically, days sales outstanding is calculated monthly.
Days sales outstanding
Days sales outstanding
In accountancy, days sales outstanding is a calculation used by a company to estimate the size of their outstanding accounts receivable. It measures this size not in units of currency, but in average sales days. Typically, days sales outstanding is calculated monthly.

Mentions

Paystand's "Venmo-like" B2B payment service, he continued, could "save businesses, on average, more than 50% of the cost of realizing receivables and reduce days sales outstanding by more than 60%."

See also

See also: