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Q 1-1. What risks are present if you take too long to collect our accounts...

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Accounting

Q 1-1. What risks are present if you take too long to collect our accounts receivable?

Q 1-2. What are some analyses you could perform that would provide insight into how efficiently your company is collecting cash from customers? Are there any KPIs that would be appropriate here?

Q1-3. In your opinion, what would be an appropriate benchmark for the average number of days sales outstanding (i.e., Accounts receivable/Sales x 365)? Would management want this number higher or lower?

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