Average Collection Period means at any time a period of days equal to the product of (i) a fraction the numerator of which shall be the amount set forth in the most recent Investor Report as the “Beginning Balance” of the Receivables and the denominator of which shall be the Collections as set forth in the most recent Investor Report and (ii) thirty (30).
Average Collection Period means at any time a period of days equal to the product of (i) a fraction the numerator of which shall be the amount set forth in the most recent Investor Report as the "Beginning Balance" of the Receivables and the denominator of which shall be the Collections as set forth in the most recent Investor Report and (ii) thirty (30).
Average Collection Period means, on any Calculation Date and in respect of an Agreed Currency, a period of days equal to:
Examples of Average Collection Period in a sentence
Average Collection Period is the average length of time it takes to collect receivables.
Figure 5: Average Collection Period The lower the ACP rate, the better because customers only need less than threeIt shows the effectiveness and efficiency of the month.
Looking at (Appendix 6), the Average Collection Period (ACP) and Average Payment Period (APP) show the average time in days the company takes to collect payment from customers and pay suppliers for purchases, respectively.
The above table 4.3 and annex-10 shows the actual situation of Average Collection Period of NEA.
For PY, over the past three years the Average Collection Period has been increasing, from 63 to 103 days.
More Definitions of Average Collection Period
Average Collection Period means at any time the latest figure published by the Seller for the average number of days between the invoice date of its Receivables and the date of collection of such Receivables;
Average Collection Period means, at any time, that period of days equal to the average maturity of the Receivables as of the last day of the prior month.
Average Collection Period means the average period of time between invoice date and collection date with respect to all invoices that have been issued during the 12 months ended June 30, 2014 by Target to Uniquest, Paltek, Flextronics Mexico, Dragon and Celestica (the “Designated Customers”). For the avoidance of doubt, the parties have previously agreed that the average collection period will be calculated based on the total account, including invoices for products from the Excluded Business.
Average Collection Period means 180 days; provided however, that Agent, in consultation with Purchaser and Servicer, may calculate the Average Collection Period to reflect the actual average maturity of Receivables as determined by Servicer in the then most recent Monthly Report.
Average Collection Period means at any time a period of days equal to the product of 30 and the greater of:
Average Collection Period means, at any time, the weighted average of the LEC Average Collection Period and the Direct Billed Average Collection Period (as determined by reference to the respective Outstanding Balances of the Direct Billed Receivables and the Qualified LEC Receivables).
Average Collection Period means at any time that period of days equal to the average maturity of the Receivables calculated by the Servicer in the then most recent Settlement Report; provided that if the Administrative Agent shall disagree with any such calculation, the Administrative Agent may recalculate the Average Collection Period.