What is the impact of long term outstanding amount of creditors?
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Days payable outstanding (DPO) refers to the average number of days it takes a company to ... it is possible that the company only has short-term credit arrangements with its creditors.
It may be possible to ask your creditors to write off the debts if you have no available income to make any payments and have no savings or assets.
It may be possible to ask your creditors to write off the debts if you have no available income to make any payments and have no savings or assets.
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