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a@mer

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Active 4 months ago
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  • February 15, 2025 at 2:43 pm #715420
    a712d1e287941e93c76b4b26b1d3078610ce4163d68ccc1459658425176d49db 80a@mer
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    Yes sure
    ( working in ‘000s)
    Current days : 51
    new avg receivable days : (0.75*30)+(0.25*51) = 35.25 days
    Fall in receivable days = 51-35.25 =>15.75
    amount for reduction = 15.75/360 * 28800 = 1260
    interest saved = 1260 * 0.04 = 50.4

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