Question
The table presents Days Sales Outstanding ratio for Company A and its industry peers. . Assess the situation of Company A and write a short
The table presents Days Sales Outstanding ratio for Company A and its industry peers. . Assess the situation of Company A and write a short interpretation (5 sentences, each sentence should bring new information).
DSO (Days sales outstanding) = Average receivables *365 / Revenues | 2018 | 2019 | 2020 | |
Company A | 14 | 16 | 30 | |
Average for the sector | 15 | 16 | 17 |
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We can see that company As DSO has increased from 2018 to 2020 This means that it is taking longer for the company to collect payments from its custom...Get Instant Access to Expert-Tailored Solutions
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
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