DSO (Day Sales Outstanding)

The total accounts receivables divided by average daily sales.

Related Terms

  • AAP

    An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).

    Learn More
  • COR (Notification of Change)

    A COR entry is initiated by a receiving depository financial institution (RDFI) to inform an originator of incorrect information submitted in an entry. The originator must correct...

    Learn More