Receivables turnover: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update links.) |
imported>Doug Williamson m (Add category.) |
||
Line 14: | Line 14: | ||
* [[Receivables]] | * [[Receivables]] | ||
* [[Turnover]] | * [[Turnover]] | ||
[[Category:Accounting,_tax_and_regulation]] |
Latest revision as of 11:56, 6 February 2019
Receivables turnover is an example of an activity ratio or management efficiency ratio.
The receivables turnover ratio indicates the number of times receivables are completely replaced in a year.
It is calculated as:
Sales / receivables