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Remove Bad Debt Remove Default Remove Total Receivables Related Topics
Collection Effectiveness Index Current Receivables AR Aging Credit Sales Days Sales Outstanding Credit Management Order to Cash Accounts Receivable (AR) DSO Deductions More Related Topics >
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Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

AUGUST 29, 2023

Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). Then multiply the answer by 100 to get a percentage.

DSO 130
DSO Credit and Collections Bad Debt Collection Effectiveness Index 130
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Customer Stops Paying; Now What?

Your Virtual Credit Manager

SEPTEMBER 19, 2023

From this conversation, you will learn how perilous the bad debt risk is with this customer, and how urgent your reaction must be. It involves intensive management of the customer’s total receivable balance supported by a substantial reduction in their credit limit. The bank will pay you if your customer defaults.

Credit and Collections 130
Credit and Collections Bad Debt Default Credit Risk 130
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