Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

Discover how long accounts receivable can stay outstanding, what impacts they have on businesses, and strategies for managing ...

The collection period is the time that it takes for a business to convert balances from accounts receivable back into cash flow. This can apply to an individual transaction or to the business's ...

Days receivables outstanding, or DRO, in the accounting lexicon, measures the average number of days it takes a business to collect on its accounts receivable, which is the money customers owe for ...