HomeDefinitionsCompareDebt Average daily balanceThe financial definition for Average daily balance:A method for calculating interest in which the balance owed each day by a customer is divided by the number of days. See also: Adjusted balance method and previous balance method. Similar MatchesArithmetic average (mean) rate of returnArithmetic average (mean) rate of returnArithmetic mean return. Average accounting returnAverage accounting returnThe average project earnings after taxes and depreciation divided by the average book value of the investment during its life. Average collection period, or days receivablesAverage collection period, or days receivablesThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365). Further SuggestionsAverage costAverage discount rate Average down Average life Average rate of return (ARR) Average tax rate Average up Click to compare definitions of Average daily balance Click to view definitions beginning av |