KPI - Lockup

Updated April 14, 2025 18:43

Lockup measures the combined time it takes to bill and collect a Firm’s accounts. This KPI is critical in projecting cash flow. It is the sum of Unbilled and Uncollected Days which is calculated by dividing Fee WIP and Fee AR by the average fee billings per day. Average billings per day is calculated by dividing the Firm’s total fee billings for the past 12 months by 365.

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KPI - Lockup

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