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A company's number of days to collect is higher than the length of credit period. Analysts might conclude:the company has begun estimating the amount of
A company's number of days to collect is higher than the length of credit period. Analysts might conclude:the company has begun estimating the amount of uncollectible using percentage of net sales rather than aging the receivables.customers are dissatisfied with the product or service they bought.the company's payment terms have been tightened and customers are paying within the payment period granted.the company is effectively managing its receivables.
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