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Hello,

I have been asked to write a report which will show the average Debtors
days on collection.

My assumption was to use the last 12 months sales then divide by the
number of working days to receive a daily sales average.

This number is then divided in to the total of the current aged trial
balance to give the debtors days.

I would be interested to know what other companies are using as there are
some who use different calculations ?


Regards,

Neville Kingdom
Information Technologies Manager
Metro Products & Co Pty Ltd
61 2 97081766
0411 535 240
http://www.metroproducts.com
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