contracting payment remarks

English to Polish Bus/Financial Finance (general)

Creditor degree
The creditor degree indicates the share of monthly turnover which is tied up in accounts payable. A company which operates with credit sales should have a ratio between 0.8-1.0. If the creditor degree is higher than 1.0 this implies that the accounts payable ledger has a considerable share of claims that have fallen due with more than 30 days. The probability of contracting payment remarks and thereby being charged interest on overdue payment increases in proportion with the creditor degree.
Pisali Norwegowie.