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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

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Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. This differs from a fixed price approach, where prices are reviewed and adjusted in regular installments. Request Quote What is Dynamic Pricing?

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

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Customer payment behaviors How quickly or slowly your customers make payments has a direct impact on DSO, as timely payments by the due date keep DSO low. When interest rates are high, companies may have a less liquidity due to paying bigger loans or having difficulty securing lending, which has a knock-on effect on vendors.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

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Airlines, shipping companies, and freight carriers leverage this extra fee to cope with the unpredictable nature of fuel costs. This could include upgrading equipment, implementing waste recycling systems, or introducing energy-efficient processes. Review legal frameworks to protect consumers from unfair surcharging practices.