Debtor more than 6 months
This query is : Resolved
Quick Summary
Chaitanyaa
(Querist)
12 September 2024
Banks in India do not consider debtor more than 180 days as current assets. What may be the reason. ?
12 September 2024
Do you mean 180 months !!! or 180 days...
It is general practice to get the payment on or before 45 days. Government has already made such rule for MSME.
Average collection period in market is around 90 days.
It is general practice to get the payment on or before 45 days. Government has already made such rule for MSME.
Average collection period in market is around 90 days.
Chaitanyaa
(Querist)
12 September 2024
Sir I mean 180 days.
12 September 2024
Yes, I have replied based on that.
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