Businesses also use the accounts
receivable turnover ratio to analyze the number of days it takes to collect the average accounts receivable balance.
Businesses also use the accounts
receivable turnover ratio to analyze the number of days it takes to collect the average accounts receivable balance.
Not exact matches
Although
receivables turnover, like all of these
ratios, is highly dependent on the industry you are in (a good
ratio for the biotech industry may be an awful
ratio for General Motors, and vice versa), you can still get an idea of what's going on in the company by using it.
Under liquidity
ratios, we have current
ratio, acid test
ratio,
turnover ratio (i.e. Sales to
receivable), days»
receivable ratio, cost of sales to payable, cash
turnover or working capital.