ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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WORTH Definition

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WORTH is an indefinite quantity of something having a specified value.

 

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ACCOUNTS RECEIVABLE is a current asset representing money due for services performed or merchandise sold on credit.

DEBTOR DAYS is a ratio used to work out how many days on average it takes a company to get paid for what it sells. It is calculated by dividing the figure for trade debtors shown in its accounts by its sales, and then multiplying by 365.


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