Your Finance and Accounting Dictionary
Are you hearing finance jargon and terminology you’re just not sure about? Anna’s finance and accounting glossary of terms is here to help.
Accounts receivable/debtor days
Shows the average number of days required for a company to receive payments from its customers. The longer it takes the greater the number of debtor days.
Accounts payable/creditor days
Shows the average time that a company takes to pay its creditors.