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What should I do if my accounts receivable days are very different than the industry average?
If your entry for accounts receivable days is much lower than the average for your industry, you must have developed a specific strategy to achieve this or nobody is going to believe you, and even more significantly, you will not achieve it. See answers to related question “What techniques exist to reduce average days outstanding for payments you receive from customers?” below.
If your entry for accounts receivable days is much higher than the average for your industry, you are likely being too cautious. You can probably enter a lower number.
Related Questions:
What techniques exist to reduce average days outstanding for payments you receive from customers?
