Is cash on demand an Accounts Receivable payment terms are NOT standard in business?

Cash on demand as a payment term means that payment is required immediately upon delivery of goods or services, which is not a standard practice in many businesses. Typically, Accounts Receivable terms allow customers some time to pay, often ranging from 30 to 90 days. While cash on demand may be used in certain industries or for specific transactions, it is less common in standard business practices, where credit terms are more prevalent to facilitate sales and improve cash flow.