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An important efficiency ratio is that known as the trade debtor collection period. This article shows that some companies are very slow at paying their

An important efficiency ratio is that known as the trade debtor collection period. This article shows that some companies are very slow at paying their bills. According to the Chairman of the Federation of Small Businesses, the delay in settling bills is a significant factor in business failures.

What factors may be involved in a company being one of the worst payers?

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