What Is an Average Payment Period?

The average account period can be understood as the average time it takes the supplier's payment.

Average billing period

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The average account period can be understood as the average time it takes the supplier's payment.
Average account period = cumulative payment time per account / cumulative payment times
The average account period can reflect the credibility of the enterprise and prompt the internal capital flow of the enterprise so that the operator can make fuller use of the liquidity and control the cash flow.

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