What Sales Number do you use in calculating Debtors Days Ratio, say you have this scenario
My Sales in period 4 of the Year are $500,000
My Debtors in the same month are $2,000,000 because they are long outstanding and coming from prior year?
My Sales in period 4 of the Year are $500,000
My Debtors in the same month are $2,000,000 because they are long outstanding and coming from prior year?