Generally, the higher the variety of days outstanding, the greater the probability of delinquencies in accounts receivable. A comparison of this ratio might point out the extent of a company’s management over credit and collections. However, companies within the same business may have totally different terms offered to customers, which must be thought of. This ratio is a rough indication of a firm’s ability to service its present obligations. Generally, the upper the present ratio, the larger the “cushion” between current obligations and a firm’s capability to pay them.
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- Internally, employees said the dismissals weren’t a surprise, but an anticipated restructuring beneath the brand new management of Doug Field, who joined Apple in August 2018 to lead the group alongside Bob Mansfield.
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