विलंबित भुगतान और उच्च AR दिन (Accounts Receivable)
Definition
Corporate clients (dealers, corporate gala organizers per [1][5]) negotiate net-30 to net-60 payment terms. Manual invoice issuance and slow payment verification extend cash cycles. Companies lack real-time payment status, leading to: (1) 45–75 day DSO (Days Sales Outstanding); (2) ₹15–₹40 lakhs working capital tied up (estimated for ₹1–₹1.5 crore annual revenue); (3) Friction churn when payment delays trigger escalation.
Key Findings
- Financial Impact: ₹5–₹15 lakhs in annual working capital cost (carrying cost @ 10–15% interest rate on ₹50–₹100 lakhs AR balance; opportunity cost of delayed cash)
- Frequency: Continuous (every invoice cycle; 30–45 day payment terms standard)
- Root Cause: Manual invoicing [1][4] lacks integrated payment tracking. Ticketor [2] supports online payments but adoption is low. Corporate clients (B2B) delay payment due to internal approval cycles.
Why This Matters
The Pitch: Indian dance companies carry 45–75 days of outstanding receivables (~₹15–₹30 lakhs tied up for ₹1 crore turnover). Automated invoicing + real-time payment tracking reduces DSO (Days Sales Outstanding) to 15–20 days, freeing ₹20–₹40 lakhs in working capital.
Affected Stakeholders
Accounts Receivable Manager, Finance Manager, Sales Manager
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Financial Impact
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Current Workarounds
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Methodology & Sources
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