A job advertisment for the post of CFO says he should manage DSO( Days Payables Outstanding ).
My question is:
What does managing DSO involve? Is it any different from looking after the payables of the company?
Thanks.
Anil (1638 Points)
05 July 2008A job advertisment for the post of CFO says he should manage DSO( Days Payables Outstanding ).
My question is:
What does managing DSO involve? Is it any different from looking after the payables of the company?
Thanks.
Ashok
(Job)
(0 Points)
Replied 09 July 2008
It is related to pymt receivable & not payable.. Means one sud control it total sales agst total o/s. in the prefered days (For eg in 30 days the tatol sales is 100 & the o/s. as on 30 days 80 tha menas the DSO is 24 days.. ) it is basicaly credit control...
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