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How can you calculate average collection period if collection is receiving by installment?

Accounting
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Question added by manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS
Date Posted: 2013/08/22
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Muhammad qasim khan
by Muhammad qasim khan , Asst Financial Manager , Bukhatir education advancement and management

average collection period= (average account receviable/sales reveneu)*365 days you can also calculate it for any specific account for that you just have to take the values of that particular account

sharif brakat
by sharif brakat , cost control manager , simit sarayi

Weighted average المتوسط المرجح

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