Account Days

B1 16+
  • Frequency of Use
    20 %
  • Retention Rate
    60 %
  • Complexity
    40 %
  • Account Days Meanings

    noun account days - refers to a specific period of time designated for accounting purposes

    Fields related to account days

    Finance

    In finance, account days may be used to calculate the average number of days it takes for a company to collect payment from its customers or pay its suppliers.

    Economics

    In economics, account days may be used to analyze the liquidity and financial health of a business or industry.

    Accounting

    In accounting, account days refer to the number of days in a specific accounting period, such as a month, quarter, or year, during which financial transactions are recorded.

    Business Management

    In business management, account days may be used to track the efficiency of accounts receivable and accounts payable processes.

    Supply Chain Management

    In supply chain management, account days may be used to measure the efficiency of inventory turnover and cash flow.

    Occupation Usage of account days

    Writer

    In the accounting profession, 'account days' refers to the number of days that an account is outstanding before it is paid off. Writers may use this term when discussing financial topics in their writing, such as in articles or blog posts about business finance.

    Psychologist

    Psychologists may use the concept of 'account days' in a metaphorical sense when discussing emotional or mental health. They may refer to the idea of 'account days' as the amount of time it takes for someone to process and resolve their emotional issues before moving on to a healthier state of mind.

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