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If a company's days in receivables (accounts receivable/daily credit sales) is higher than the industry average then the company may be: allowing its customers too
If a company's days in receivables (accounts receivable/daily credit sales) is higher than the industry average then the company may be: allowing its customers too much time to pay their bills O too tough in collecting its accounts allowing inventory to sit on the shelves for too long enforcing credit conditions upon its customers which are too stringent
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