The table presents Days Sales Outstanding ratio for Company A and its industry peers. . Assess the
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Question:
The table presents Days Sales Outstanding ratio for Company A and its industry peers. . Assess the situation of Company A and write a short interpretation (5 sentences, each sentence should bring new information).
DSO (Days sales outstanding) = Average receivables *365 / Revenues | 2018 | 2019 | 2020 | |
Company A | 14 | 16 | 30 | |
Average for the sector | 15 | 16 | 17 |
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