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When looking at a business from the outside in DSO is used to measure AR efficiency and it is simply average daily sales divided into
When looking at a business from the "outside in" DSO is used to measure AR efficiency and it is simply average daily sales divided into the AR number.Management, however, looks at AR efficiency in a completely different manner.They will break AR down into categories such as current, 1 to 30 days past due, 31 to 60 days past due, 61 to 90 days past due and over 91 days past due.What are some of the policies and procedures an effective management team will put into place to manage their AR?
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