What is the best use of recievable aging schedule ?
well it let’s you pinpoint the bottleneck on day of receivables for instance it lets you calculate the weighted avg for each month. and it helps you do analysis over past months.
Thats true… learn how to calculate Weighted Average Collection Period. Very much testable
at this point too much too learn… blahhhhhh
kochunni69 Wrote: ------------------------------------------------------- > What is the best use of recievable aging schedule > ? just know that it helps the analyst detemrine if the company is streching recaivleables, ie it is getting lax with collection polixcy. look at the % of A/R that is due in 30 days over the last few qwuarters. if in the most recent wquarter, a big chunk of A/R is now due in 60 days, the firm got LAX. firms do this all the time to pump up the top line and book orders ahead of the quarter.
BOOM 
kochunni69 Wrote: ------------------------------------------------------- > BOOM yeah kochu!