Outstanding payment days as a proportion of standard payment days
This measure calculates outstanding payment days as a proportion of standard payment days. It is part of a set of Process Efficiency measures that help companies optimize their "process accounts receivable (AR)" process by minimizing waste and refining resource consumption.
Benchmark Data
Measure Category:
Process Efficiency
Measure ID:
101656
Total Sample Size:
919 All Companies
Performers:
25th | Median | 75th |
---|---|---|
- | - | - |
Key Performance
Indicator:
No
Compute this Measure
Units for this measure are days.
Days sales outstanding in accounts receivable / Standard payment terms in calendar days for accounts receivable
Key Terms
Process efficiency
Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.