Average Debtors Days is a financial metric that measures how quickly a company can collect its accounts receivable. It is calculated by dividing the total amount of accounts receivable by the average daily sales, and the result represents the number of days it takes for a company to collect its outstanding debts.
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Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Average Debtors Days using Databox, follow these steps:
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Total Income is the sum of all revenue earned by a business during a defined period of time, including sales, services, and other sources of income.
The Profit and Loss by Subtype metric in Xero allows users to view their company's income and expenses broken down by specific subcategories, providing a detailed analysis of the financial performance of each area of the business.
Gross Profit is a financial metric that shows the profit earned by a business after deducting the cost of goods sold from its revenue. It represents the amount of money left after accounting for the direct expenses associated with producing and selling a particular product or service.
The Purchase Orders by Contact metric in Xero measures the total number and value of purchase orders associated with each contact (e.g. vendor, supplier) in the system.
Total Assets represents the total value of an organization's resources, including cash, accounts receivable, inventory, property, and equipment.
The Current Cash and Cash Equivalents by Asset metric is a financial measure that shows the amount of liquid assets available to a company to pay its debts and obligations in the short term.
The Current Property, Plant, and Equipment by Asset metric in Xero provides a snapshot of a company's tangible assets, their net value, and how efficiently they are being utilized to generate revenue.
The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.