Customer Payment Calculator Results
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Your calculator results are as follows:
| Net sales made: | £ |
| Payments received: | £ |
| Your payments received ratio is: | 0.00:1 |
Back to Customer Payment Calculator
What the results mean
The higher the ratio (i.e 1:1), the shorter the time between sales and actually being paid - this is good!
This particular calculator will allow a business to see how efficient it is at collecting money.
If this ratio is low (i.e 0.5:1) compared to the industry average - it may mean your payment terms are slow or that your accounts department is not good at collecting money.
If you use this calculator often you be kept up to date on any changes in money collection.
Should you have any queries regarding your company's finances - Money Advice Direct has a very effective, workable and legal answer - call us now on:
FREEPHONE 0800
074 6918
or Email us at: info@insolvencyhelpline.co.uk
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]