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Home > QFINANCE Dictionary > Definition of days' sales outstanding

Definition of

days' sales outstanding

Accounting

average time for invoice to be paid the average number of days it takes a business to convert its accounts receivable into cash.

Related definitions of "days' sales outstanding"

Definitions of ’days' sales outstanding’ and meaning of ’days' sales outstanding’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’days' sales outstanding’ and other financial terms with our online QFINANCE Financial Dictionary.

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