Cash flow · The conversion cycle · Element
The receivable days
How long customers actually take to pay.
The part
What it is
The average conceals the distribution. A few very slow payers frequently account for most of the working capital tied up.
Days measured from invoice date understate the cycle where invoicing itself is slow, which is a separate and easily fixed problem.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.
Time to invoice
How long after delivery the invoice goes out, which is often the larger delay.
Duration shared type