It’s not how long it’s been used, it’s 72 days overdue.

Account aging refers to the length of time that the company, that is, the bank’s uncollected accounts receivable, is usually divided into five levels according to the reasonable turnover days of the respective enterprise, such as within 30 days (reasonable turnover days) Set to 30 days), 30-60 days, 60-120 days, more than 120 days and bad debts (no sales generated for more than 120 days). So in a credit card it refers to how long the money has been outstanding.

Overdue accounts caused by overdue account aging refer to accounts receivable that still have no book cash inflow after the agreed book receivable date expires. There is a risk of bad debts. The longer the account age, the higher the risk. The bigger. When the account age exceeds a certain age, provision for bad debts needs to be made for overdue accounts receivable.