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Days Sales Outstanding (DSO) and how to halve it

Days Sales Outstanding (DSO) and how to halve it

Days Sales Outstanding, or DSO, is the average number of days for a business to collect a cash payment from a credit sale. When a business sells on credit, it gives its customers permission to pay in cash at a later date. The average time to pay for a given period is the days sales outstanding. The days in sales outstanding impacts cashflow. For example, a...

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