This document discusses the management of receivables. It defines receivables as money owed to a firm from customers for goods and services sold on credit. It discusses the costs associated with maintaining receivables, such as financing costs, collection costs, and bad debts. It also outlines factors that influence the size of receivables, like credit policies, terms of trade, and customer payment habits. The document then covers forecasting receivables and the key dimensions of managing receivables, including credit policies, executing collections, and financing receivables through factoring. Factoring is defined as the selling of accounts receivable to a third party for cash, providing financing and credit protection benefits.
Receivables Management-Definition,Objectives Of Receivable Management,Factors influencing the size of receivables,Dimensions of Receivables Management,Collection Methods Used
Receivables Management is the process of making decisions relating to an investment in
trade debtors. Certainly investment in receivables is
necessary to increase the sales and the profits of the firm.
But at the same time investment in this asset involves cost
consideration also
Financial Management Presentation on topic Receivables Management by MBA Students of the University of Hyderabad.
Madhuri 18MBMB03
Vinodh 18MBMB09
K.Priya Bharathi 18MBMB15
Isaac Livingston 18MBMB21
Bhargav 18MBMB29
MODULE 3:
Credit Risks Credit Risk Management models - Introduction, Motivation, Funtionality of good credit. Risk Management models- Review of Markowitz’s Portfolio selection theory –Credit Risk Pricing Model – Capital and Rgulation. Risk management of Credit Derivatives.
This slide is about Short Term Financing. I prepared it for my class presentation at the course FIN101. All the information in this slide collected from various kind of sources.
Receivables Management-Definition,Objectives Of Receivable Management,Factors influencing the size of receivables,Dimensions of Receivables Management,Collection Methods Used
Receivables Management is the process of making decisions relating to an investment in
trade debtors. Certainly investment in receivables is
necessary to increase the sales and the profits of the firm.
But at the same time investment in this asset involves cost
consideration also
Financial Management Presentation on topic Receivables Management by MBA Students of the University of Hyderabad.
Madhuri 18MBMB03
Vinodh 18MBMB09
K.Priya Bharathi 18MBMB15
Isaac Livingston 18MBMB21
Bhargav 18MBMB29
MODULE 3:
Credit Risks Credit Risk Management models - Introduction, Motivation, Funtionality of good credit. Risk Management models- Review of Markowitz’s Portfolio selection theory –Credit Risk Pricing Model – Capital and Rgulation. Risk management of Credit Derivatives.
This slide is about Short Term Financing. I prepared it for my class presentation at the course FIN101. All the information in this slide collected from various kind of sources.
One of the major issues in the company is the controlling of the collection period and developing optimum credit policy that minimizing the company loses, i.e how to trade off and balance between two costs, the first is carrying costs and the second is the opportunity costs of a particular credit policy. In other wards to define the point where the total credit cost is minimized.
In this presentation, we will talk about the importance of working capital in marketing set up, several components of working capital and criticality of inventory.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
2. Meaning Of Receivables
• It refers to the sum of all monies
owed to the firm by customers
arising from the sale of goods or
services in the ordinary course of
business.
It includes:-
• Debtors
• Accounts Receivable
• Book debts/ customer receivable
• Trade Receivable
3. Meaning
Trade credit happens when a firm
sells its products or services on
credit and does not receive cash
immediately. Trade credit creates
account receivables and book
debt. The customers from whom
the firm is expected to collect in
the near future are called trade
debtors or receivables
1.Element of risk
2. Based on Economic value
3.It implies Futurity
4. Cost of Maintaining Receivables
1. Cost of Financing Receivables
2. Cost Of Collection
3. Bad Debts
5. Receivable management
• Receivables constitute a
significant portion of current
assets of firm. In India trade
debtors after inventories are the
major components of current
assets. They form 1/3 rd. of
current assets in India.
• Trade Debtors represent
investments. But for investment
in receivables a firm has to
incur certain costs i.e. : Cost of
Financing, Cost of collection and
element of bad risk
6. Factors Influencing The Size Of
Receivables
1. Size of credit sales
2. Credit policies
3. Terms of trade
4. Expansion plans
5. Relation with Profits
6. Credit Collection Efforts
7. Habits Of customers
7. (1) Size of Credit Sales: The volume of credit sales is
the first factor which increases or decreases the size
of receivables.
(2) Credit Policies: A firm with conservative credit
policy will have a low size of receivables while a
firm with liberal credit policy will be increasing this
figure.
(3)Terms of Trade: The size of receivables also
depends upon the terms of trade. The period of
credit allowed and rates of discount given are linked
with receivables.
(4)Expansion Plans: When a concern wants to
expand its activities, it will have to enter new
markets. To attract customers, it will give incentives
in the form of credit facilities
8. (5) Relation with Profits: The credit
policy is followed with a view to
increase sales. When sales increase
beyond a certain level the additional
costs incurred are less than the
increase in revenues .
(6) Credit Collection Efforts: The
collection of credit should be
streamlined. The customers should be
sent periodical reminders if they fail to
pay in time.
(7) Habits of Customers: The paying
habits of customers also have bearing
on the size of receivables. The
customers may be in the habit of
delaying payments even though they
are financially sound.
9. Forecasting The Receivables
Credit period allowed
Effect of cost of goods sold
Forecasting expenses
Forecasting Average collection period and
Discount
Average size of Receivables
10. formula
Average collection period = Trade debtors * no of working days
net sales
Average size of receivables = estimated annual sales *
average collection period
11. Dimensions of Receivables
Management
• Receivables management involves the careful
consideration of the following aspects:
1.Forming of credit policy.
2.Executing the credit policy.
3.Formulating and executing collection policy.
12. 1.Forming of credit policy
(a) Quality of Trade account
(b)Length of Credit Period
(c) Cash Discount
(d)Discount Period
2.Executing the credit policy.
(a) Collecting credit information
(b)Credit analysis
(c) Credit decisions
(d)Financing investment in Receivables and
Factoring.
13. 3. Financing Investments in Receivables and
Factoring: Accounts receivables block a part of
working capital. Efforts should be made that
funds are not tied up in receivables for longer
periods. The finance manager should make
efforts to get receivables financed so that
working capital needs are met in time. The
quality of receivables will determine the amount
of loan.
14. Definition of factoring
Factoring is a financial service in
which the business entity sells its bill
receivables to a third party at a
discount in order to raise funds
Factoring involves the selling of all
the accounts receivable to an
outside agency. such an angry is
called a factor
15. Functions of factor
1. Bill discounting facilities
2. Financing
3. Credit protection
4. Collection of money
5. Maintenance of sales
16.
17. Benefits of Factoring
(a) It ensures a definite pattern of cash inflows from
the credit sales
(b) It serves as a source of short term finance
(c) It ensures better management of receivables as
factors firm is a specialized agency for the same
(d) It relieves the selling firms from the burden of
credit management
(e) The selling firm also benefited by advisory
services rendered by a factor
18. Types Of Factoring
1.Recourse and non recourse
factoring
2.Advance and maturity factoring
3.Concertional and full factoring
4.Domestic and Export Factoring