Collection Rate in a sentence
Synonym: recovery rate.
Meaning: The percentage of accounts receivable collected during a specific period.
(1) The tax collection rate has increased in recent years.
(2) The collection rate for the new product exceeded expectations.
(3) The collection rate for the previous quarter was below average.
(4) The company's collection rate has a direct impact on cash flow.
(5) The collection rate for online sales has been consistently high.
(6) The collection rate for customer refunds has been consistently high.
(7) The company implemented new strategies to boost the collection rate.
(8) The hospital has a high collection rate for patient feedback surveys.
(9) The collection rate for overdue invoices has been steadily declining.
(10) The collection rate for the previous year was lower than anticipated.
Collection Rate sentence
(11) The collection rate for the current month is on track to meet targets.
(12) The city is working on improving the collection rate for organic waste.
(13) The collection rate for the month of December was the highest in years.
(14) The collection rate for blood donations has dropped due to the pandemic.
(15) We need to analyze the collection rate to identify any potential issues.
(16) We need to focus on improving the collection rate for outstanding debts.
(17) The company's collection rate improved significantly over the past year.
(18) The museum's collection rate for donations has been impressive this year.
(19) The collection rate for the new product launch exceeded our expectations.
(20) The collection rate for installment payments has been steadily declining.
Collection Rate make sentence
(21) We need to focus on increasing the collection rate for outstanding debts.
(22) The company's collection rate is influenced by customer payment behavior.
(23) The company's collection rate is closely monitored by the management team.
(24) The company is struggling with a low collection rate for customer payments.
(25) The collection rate for donations to the charity has exceeded expectations.
(26) The collection rate for donations to the animal shelter has been declining.
(27) The collection rate for subscription renewals has been steadily increasing.
(28) The collection rate for the current quarter is on track to meet our targets.
(29) Our collection rate for online payments is higher than for offline payments.
(30) We need to streamline our collection process to improve the collection rate.
Sentence of collection rate
(31) We need to implement stricter credit policies to improve the collection rate.
(32) The company's collection rate is closely monitored by the finance department.
(33) The collection rate for the previous year was the highest in company history.
(34) We need to streamline our collection processes to improve the collection rate.
(35) We need to analyze the collection rate by customer segment to identify trends.
(36) The museum's collection rate for artifacts from the 19th century is impressive.
(37) We need to set targets to improve the collection rate for outstanding invoices.
(38) We need to incentivize customers to pay on time to improve the collection rate.
(39) The city's collection rate for garbage has remained steady over the past decade.
(40) The company's collection rate for outstanding debts is below industry standards.
Collection Rate meaningful sentence
(41) The company's collection rate for warranty claims needs to be monitored closely.
(42) The collection rate for the past month was the highest in the company's history.
(43) The government is implementing measures to increase the collection rate of taxes.
(44) The company's collection rate is a reflection of our customers' payment behavior.
(45) The collection rate for accounts receivable has a direct impact on our cash flow.
(46) The collection rate for credit card payments is typically higher than for checks.
(47) The company's collection rate is a reflection of its credit management practices.
(48) We need to improve the collection rate for unpaid invoices to boost our cash flow.
(49) The collection rate for lost and found items at the airport has been satisfactory.
(50) The company's collection rate is a vital aspect of our revenue management strategy.
Collection Rate sentence examples
(51) The collection rate for medical bills is often lower than for other types of debts.
(52) The company's collection rate is a critical factor in determining creditworthiness.
(53) We need to implement strategies to boost the collection rate for recurring payments.
(54) The collection rate for international customers is often more challenging to manage.
(55) We need to set realistic targets for the collection rate to ensure attainable goals.
(56) The company's collection rate for customer satisfaction surveys is consistently high.
(57) The company needs to focus on improving the collection rate for outstanding invoices.
(58) The collection rate for small businesses is often lower than for larger corporations.
(59) The company's collection rate is a key performance indicator for financial stability.
(60) We need to implement measures to improve the collection rate for delinquent accounts.
Sentence with collection rate
(61) We should compare our collection rate with industry benchmarks to assess performance.
(62) The collection rate for student loan repayments has been a concern for the government.
(63) The city is implementing a new system to track the collection rate for recycling bins.
(64) The company's collection rate is a critical factor in maintaining a healthy cash flow.
(65) The collection rate for property taxes is crucial for funding local government services.
(66) The company's collection rate is a key performance indicator for our finance department.
(67) The collection rate for international customers has been a challenge for our sales team.
(68) The collection rate for recyclable materials has increased significantly in recent years.
(69) The company's collection rate is a crucial factor in determining our financial stability.
(70) The collection rate for credit card payments is usually higher than for cash transactions.
Use collection rate in a sentence
(71) We need to analyze the collection rate for different customer segments to identify trends.
(72) The company's collection rate is a key metric for evaluating our credit control procedures.
(73) The company's collection rate has been steadily increasing since implementing new software.
(74) The collection rate for used batteries needs to be improved to prevent environmental damage.
(75) The company's collection rate improved significantly after implementing new payment methods.
(76) The government is considering penalties to improve the collection rate for late tax payments.
(77) The collection rate for plastic bottles has improved since the introduction of recycling bins.
(78) The collection rate for library fines has decreased since the introduction of online renewals.
(79) The collection rate for the first quarter was lower than anticipated due to economic downturn.
(80) We need to investigate the reasons behind the low collection rate for certain customer segments.
Sentence using collection rate
(81) The collection rate for library books has decreased due to the availability of digital resources.
(82) The collection rate for fines issued by traffic cameras has increased due to improved technology.
(83) The city is implementing educational campaigns to improve the collection rate for hazardous waste.
(84) The company's collection rate for returned merchandise needs to be analyzed to identify any issues.
(85) The government is working on increasing the collection rate for income tax from self-employed individuals.
(86) The collection rate for parking fines has increased after the implementation of stricter enforcement measures.
Collection Rate meaning
Collection rate refers to the percentage of outstanding debts or payments that a company is able to successfully collect within a given period of time. It is an important metric for businesses as it directly impacts their cash flow and overall financial health. To effectively use the term "collection rate" in a sentence, consider the following tips:
1. Define the term: Begin by providing a clear definition of collection rate to ensure that readers understand its meaning.
For example, "Collection rate is the percentage of outstanding debts that a company is able to recover within a specific timeframe."
2. Contextualize the usage: Explain the relevance of collection rate within a specific industry or business context. For instance, "In the retail industry, maintaining a high collection rate is crucial for ensuring a steady cash flow and minimizing bad debt."
3. Highlight its importance: Emphasize the significance of collection rate in managing financial operations. For instance, "A high collection rate indicates that a company has effective credit control measures in place, resulting in improved liquidity and reduced financial risk."
4. Provide examples: Illustrate the usage of collection rate in practical scenarios.
For example, "ABC Company achieved an impressive collection rate of 95% last quarter, demonstrating their efficient debt recovery processes."
5. Discuss strategies to improve collection rate: Offer tips or strategies that businesses can implement to enhance their collection rate. For instance, "Implementing automated payment reminders, offering flexible payment options, and conducting regular credit checks are some effective strategies to improve collection rates."
6. Address challenges and solutions: Acknowledge the challenges businesses may face in maintaining a high collection rate and suggest potential solutions.
For example, "Late payments and customer disputes can hinder collection rates, but establishing clear payment terms and promptly addressing customer concerns can help mitigate these challenges."
7. Highlight the impact on financial performance: Explain how collection rate directly affects a company's financial performance. For instance, "A low collection rate can lead to cash flow issues, increased borrowing costs, and potential write-offs, negatively impacting a company's profitability."
8. Discuss industry benchmarks: Provide information on industry benchmarks or standards for collection rates to help readers gauge their own performance.
For example, "According to industry benchmarks, a collection rate above 90% is considered excellent, while rates below 80% may indicate room for improvement."
9. Offer concluding remarks: Summarize the key points discussed and reiterate the importance of maintaining a high collection rate.
For example, "
In conclusion, a strong collection rate is vital for businesses to ensure financial stability, minimize bad debt, and optimize cash flow." By following these tips, you can effectively incorporate the term "collection rate" into your writing, providing a comprehensive understanding of its meaning, significance, and practical application.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Collection Rate. They do not represent the opinions of TranslateEN.com.