Question: Debtor Days - From 2 0 1 4 to 2 0 2 3 , Debtor Days have fluctuated, with a general trend of improvement in

Debtor Days
- From 2014 to 2023, Debtor Days have fluctuated, with a general trend of improvement in recent years, reducing from 31 days in 2014 to 25 days in 2023. This improvement suggests that Clicks has been successful in enhancing its credit control processes and reducing the time taken to collect receivables, thereby improving cash flow. Debtor days were constant in prior years 2014 to 2020 and decreased from 2021 till they are down to 25 in 2023. This means that they are managing their cash flow well. How is it relatable to return on equity.

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