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Ken Garrett.
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mehazia
- Topics: 54
- Replies: 6
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sir,
For the point 10 debtors in excess of 60 days calculation
I cannot understand how did you get the total debtor value
for eg in case of D
15 mill/ 52[ I cannot understand from where this 52 came in]
can you please explain the same.
Ken Garrett
- Topics: 10
- Replies: 10131
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There are 52 weeks in the year, so 15m/52 represents sales per week which represents the amount of receivables/debtors created per week.
mehazia
Ken GarrettViewing 2 posts - 1 through 2 (of 2 total)
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