ACCOUNT RECEIVABLES MANAGEMENT

FINANCE

The project report title entitled “An analysis of Account Receivables Management with reference to Fresh Minds Hospitality Private Limited”. Accounts receivables of a firm is a legally enforceable claim for payment from a business to its customers / clients for goods supplied and / or services rendered in execution of the customer order. The purpose of the study is to establish how Accounts receivable management tries to minimize the amounts of money tied up in form of accounts receivables and thus takes the organization back to its original set goals. The accounts receivable will be measured using ratios such as turnover ratio which is an accounting measure used to quantify firm’s effectiveness in extending credit as well as collecting debts. This ratio is an activity ratio, measuring how efficiently a firm uses its assets. Measures such as days sales outstanding which is a measure of the average number of days a company takes to collect revenue after a sale has been made will also be looked into to help in the management of the accounts receivable.

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