500,000
68
45
11
4
WORKING CAPITAL · THIS BOOK
Cash locked in receivables today1,133,333
Released at 45-day DSO383,333
Financing cost saved, per year42,167
Likely write-off in your 180+ bucket36,267
The 180+ figure applies Coface’s finding that ~80% of ultra-long payment delays are never paid. Every other line is arithmetic on your own inputs — no projections, no optimism.
Bring your aging report — see it workedWhy DSO is the number
Global DSO runs near 59 days and logistics typically sits at 45–60. On NET-30 terms, every day above thirty is you financing your customer — at your overdraft rate, not theirs.
Why the 180+ line is red
Coface's Asia payment survey found roughly 80% of ultra-long payment delays (180+ days) are never paid at all. The red line is the honest expected loss hiding in your oldest bucket.
Why collections beats financing
Factoring advances you 80–90% of an invoice — for a fee, forever. Collecting five days faster releases the same cash for free, every month, and compounds with every shipment.