OpenReference

The Late Receipts Ratio measures the amounts collected after the contractual payment terms expired as a percentage of total revenue.

Calculation

Late Receipts Ratio
=	Late Receipts   × 100 % Receipts

where:

• Late Receipts = Total amounts collected after contractual payment terms expired
• Receipts = Total amounts collected in the reported period

Unit of measure: %

Importance

Late collections increase the amounts reported in Accounts Receivables, lock-up cash and may result in increased costs to the company to collect the funds.

Community Importance Rating:

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Hierarchy

ID	Name	Level	x
AE11	Days Receivables Outstanding	2	AE11
AE112	Late Receipts Ratio	3	AE112

Late Receipts Ratio Days Receivables Outstanding 51120 3 {{{keywords}}} {{{description}}}