Coping With Late Payment – Managing Asia’s Slow Payers
YoungUpstarts
DECEMBER 22, 2014
DSO is the average number of days that a company takes to collect revenue after a sale has been made. On a macro level it has led some countries, like Italy, Spain and Portugal, into a vicious cycle, with billions of dollars tied up in overdue invoices. In an economy where 50 per cent of exports are traded on an open account (i.e.
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