The Accounts Receivable Turnover ratio is a financial metric used to measure how effectively a company is managing and collecting its receivables.
A charge-off is a debt that a creditor declares as unlikely to be collected after the debtor has become significantly delinquent. This status often affects the debtor's credit score negatively.
DUN is a term used to refer to the practice of requesting payment for past due amounts. It often involves reminding or urging the debtor to pay back what is owed.
A Receivables Aging Schedule is an accounting table that shows the amounts due from customers broken down by their aging period. This tool helps businesses monitor outstanding invoices and evaluate the effectiveness of their credit and collections processes.
