Improving your debtors performance is a good way of improving the use of your working capital.

Debtors can be defined as money that is owed to you.  Typically this is usually from your clients or customers.  

A common measurement of Debtors is Debtor Days.  

Debtors days is calculated as:  Debtors / Revenue x 365.

By reducing your Debtor days you will improve your cash flow.

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

Please refer to disclaimer at the bottom of the page.