Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
Average collection period is computed by dividing the number of working days for a given period (usually an accounting year) by receivables turnover ratio. It is expressed in days and is an indication of the quality of receivables.hether a collection period is good or bad, depends on the credit terms allowed by the company. For example, if the average collection period of a company is 50 days and the company allows credit terms of 40 days then the average collection period is worrisome.