collection period definition
The average time for a company's accounts receivable to be collected. See days sales in accounts receivable.
The average time for a company's accounts receivable to be collected. See days sales in accounts receivable.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.