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The Average Collection Period measures the average number of days it takes for the company to collect revenue from its credit sales.The Average Daily Sales is the Net Sales divided by 365 days in the year.he Average Collection Period measures the average number of days it takes for the company to collect revenue from its credit sales.
An average collection period shows the average number of days necessary to convert business receivables into cash. The degree to which this is useful for a business depends on the business's relative reliance on credit sales to generate revenue; a high balance in accounts receivable can be a major liability. In terms of business management, the average collection period is an extension of operating efficiency.