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Topical Terminology > Debtor Days



1 Definition

Debtor Days

For Debtor Days we have a term and definition in Accounting.



Debtor Days (Accounting)

is a ratio used to work out how many days on average it takes a company to get paid for what it sells. It is calculated by dividing the figure for trade debtors shown in its accounts by its salesand then multiplying by 365.




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