Note 1 There has been no provision for doubtful debts taken yet this year. All sales are on credit. Based on industry average information, collection rates are generally: 99 - 99.5% of credit sales 93 - 95% of A/R ... or broken into aging categories: 0-30 days - (represents 70% of your AR) - 99% collection rate 31-60 days - (represents 20% of your AR) - 95% collection rate 61-90 days - (represents 7% of your AR) - 50% collection rate 91+ days - (represents 3% of your AR) - 10% collection rate