Uncollectable Balances as a Percentage of Revenue

Published On:
June 19, 2023
Authored By:
Public Content:
View Now

Challenging and chaotic business environments teach us important lessons if we are willing to learn them. There is one lesson that seems that all organizations need to keep in mind: Cash is king. Is your finance organization doing all it can to increase its cash reserves? This article explores the measure Total uncollectable balances as a percentage of revenue, reviews the warning signs of uncollectable balances, and provides some strategies to bring cash in.