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smokey888

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smokey888

Re: nicknick post# 112731

Monday, 06/15/2009 1:16:49 PM

Monday, June 15, 2009 1:16:49 PM

Post# of 346919
Average collection 254 days.
What community college did you spend $18.99 per credit hour to learn that was a good number? Of course AR are going to increase with increased revenues. However, you need to collect them (a)in a reasonable amount of time, (b) DO COLLECT THEM. Steve has told us that they are great at collecting them, but Cash Flow and the average days out does not show that. Why don't you give us all a quick FS 101 class on how to "read" them?
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