Remove Collection Effectiveness Index Remove Credit Management Remove Current Receivables
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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

If a significant portion of your receivables are in the "overdue" categories (e.g., 30, 60, 90+ days past due), it suggests that your collection efforts might not be keeping up with customer payment schedules. Your Collections Effectiveness Index is Low : If you are measuring your CEI every month, any decline should be a red flag.

DSO 130
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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Best Possible DSO Formula The formula for Best Possible DSO is: (Current Receivables x Number of Days in Period) รท Credit Sales for Period 7 Strategies to Reduce DSO Since DSO reduction is such an important element of your accounting operations, many companies turn to tools such as DSO reduction software to assist them.

DSO 52