Abstract

The overdue portfolio is the accounts receivable that a company has, whose payment date has already expired and has not yet been collected. Its proper management represents a fundamental aspect both in the financial planning and in the entity's growth, as it reflects possible significant risks in its finances. This study aims to propose a strategy for the mitigation of the overdue portfolio and its economic impact on the textile sector. In this sense, it is evident that the null or deficient policies of cash sales or credit, and of the latter in turn of extrajudicial and judicial collection policies, affect the correct presentation of the financial statements, directly affecting the company's economy, which leads to stagnation in production and sales. Therefore, the need to prioritize efficient collection management is corroborated. The descriptive methodology was used through four stages for the interpretive analysis of bibliographic documents. Theoretical methods such as logical history, synthesis analysis, inductive deductive, and empirical were used. Finally, as a result, a reference framework is obtained on which alternatives, and corrective actions can be managed and implemented that will allow the business sector, as well as the accounting, financial and legal areas, to enhance their strengths, for the proper management of sales and the prevention of uncollectible overdue portfolio.

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