How do your debtor days compare to your sector average?
Are your debtor days heading in the wrong direction? Our calculator allows you to compare your debtor days against others in your sector, based on the latest Companies House data.
The tool is a good starting point in examining the situation. If your debtor days are higher than average, there could, of course, be legitimate reasons such as payment terms being longer than 30 days. Alternatively, your debtor days could be low due to large clients paying on time, but you may still have some unresolved debt causing you problems.
If the results are a reason for concern, it would be worth talking to our debt team who have been helping clients for many years to reduce debtor days and improve cashflow and profitability. Making small changes to credit control procedures and implementing a strategic, bespoke solution to your debt recovery can mean an advantage over your competitors.
- We can review your current provisions and suggest improvements.
- On average, we recover 85% of debts within 7 days, without the need for court action.
- We offer highly flexible terms, based on results.
- We have recovered over £12 million in the last year.
- The team has a no nonsense, pragmatic approach.
- Ranked in Legal 500.
The debt team at Clarion provide us with an exceptional service that is results driven and value for money. I would have no hesitation in recommending the services of Clarion to any business.Multi-national manufacturing company
Businesses that have optimised their business processes will be more resilient in the long term and can dedicate their internal resource to growing the business, not dealing with late payments. Dan Carlton and Dale Fawcett head up the Clarion debt team and would be delighted to talk to you or your colleagues in the finance team on an informal, no obligation basis to explore the options available to reduce your debtor days and increase cashflow. Please call them on 0113 336 3434, or get in touch below and they will be in contact with you very soon.
To learn more about Clarion and the dedicated debt team please visit the website.
*Disclaimer: The DSO Comparison is provided by Clarion Solicitors Limited (Clarion) as is. Clarion makes no express or implied representation or warranty regarding your use of the DSO Comparison. The DSO Comparison is indicative only and should not be used as a substitute for taking legal advice in any specific situation, or to determine any financial strategy. Clarion is not providing users of this DSO Comparison with any advice and recommends that you obtain professional advice before taking any action. Clarion is not responsible for and accepts no duty of care or liability for any actions taken or not taken as a result of your use of the DSO Comparison. Clarion will not retain any information you provide for your use of the DSO Comparison.