EVALUATING DEBTORS MANAGEMENT PRACTICES: TECHNIQUES FOR OPTIMIZING ACCOUNTS RECEIVABLE AND MINIMIZING BAD DEBTS WITH REFERENCE TO ULTRATECH CEMENT

Working capital management would be incomplete without debtors management, which entails keeping tabs on and regulating client credit in order to guarantee prompt receivables collection. The effects of good debtors management on a company's liquidity, profitability, and financial stability are the focus of this research. Creditworthiness evaluation, collection processes, receivables turnover analysis, and credit policy design are essential parts. In order to assess the efficacy of debtor management, the study examines a number of performance indicators, including average collection periods, debtor turnover ratios, and ageing schedules. It delves further into the difficulties of bad debts, delinquent accounts, and finding a balance between increasing credit sales and credit risk. Case studies and real-world data show how important it is to keep receivables at the right level to boost sales without sacrificing cash flow. According to the research, a company's bottom line and operational efficiency may benefit from improved debtors management practices, which boost cash flow, lower credit risk, and fortify customer relationships.