KPI Name | Calculation |
DSO | Evaluation in teams of days of sales of the outstanding amount at the report date. It is a measure of efficiency on how quickly receivables are collected. It shows the age in term of days of an organization's accounts receivable and the average time it takes to turn receivables into cash
Days = Number of days in the month. (Month premise: 30 days)Outstanding = Sum of open documents in the customer's account at the report date. Receivables in doubtful state and advanced payments are excluded.Turnover = Sales (VAT included) in a specific monthm = Current month (Month Premise: 30 days)
|
Outstanding (KCURR) | Sum of open documents in the customer's account at the report date |
Overdue (KCURR) | Amount of outstanding due and not yet paid at the date of report. In a monthly report, the overdue amount at the end of the month is the sum of amounts with due date lower or equal to the last day of the month and not yet paid nor cleared by that date. |
%Overdue | Percentage of Overdue - Overdue/Outstanding:
It is by default filtered by GL Account sub-type Product & Services.**Please noted that Credit Management term will still communicate official percentage overdue statistics for Solvay Group with the old calculation method. |
