Coping With Late Payment – Managing Asia’s Slow Payers
YoungUpstarts
DECEMBER 22, 2014
Across Asia Pacific, the average number of days for an invoice to be paid rose from 48 to 56, compared to the same period in the previous year. credit terms), a rise in daily sales outstanding, or DSO, affects the cash flows of local businesses. If you can hold less stock without adversely affecting sales, this can reduce DSO.
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