Receivables period is a term that is used interchangeably to refer to the length of time it takes for the firm to collect on a sale.

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The receivables period, also known as the average collection period, refers to the average amount of time it takes for a firm to collect payments from its customers after a sale has been made, making it a measure of the efficiency of the company's credit policies and collection efforts.

Receivables Period Is a Term That Is Used Interchangeably to Refer