Accounts Receivable Turnover Ratio Formula, Examples
Generally, a higher receivables turnover ratio indicates that the receivables are highly liquid and are being collected promptly. A low turnover ratio may also be caused by the entity’s own inabilities, like following an inappropriate credit policy or having http://tgspa.ru/info/en/faculties/fiya/ defects in its collection process etc. The accounts receivable turnover ratio, or “receivables turnover”, measures […]
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