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.
Typical time: 1 to 2 months. Private insurance tends to the be the hardest due to varying standards and a habit of randomly rejecting reimbursement (I've heard of practices of rejecting 1 out 3 claims just for the heck of it). Typical time: 1 to 3 months. The easiest form of payment is cash.