Your Virtual Credit Manager

AUGUST 29, 2023

Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). YVCM was launched in February, 2021, and has since grown to over 6,000 subscribers.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

TreviPay

MAY 12, 2023

Firstly, there are two main variables to consider: Ending total receivables: Your accounts receivable balance Total credit sales: The value of your outstanding invoices (usually given in dollars, pounds, euros, etc.) One survey found that in the hotel industry between 2020 and 2021, the average DSO dropped by 8%.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Total Receivables 52

TreviPay

MAY 12, 2023

Firstly, there are two main variables to consider: Ending total receivables: Your accounts receivable balance Total credit sales: The value of your outstanding invoices (usually given in dollars, pounds, euros, etc.) One survey found that in the hotel industry between 2020 and 2021, the average DSO dropped by 8%.

DSO 52

DSO Days Sales Outstanding Credit and Collections Total Receivables 52