General ledger and Receivables turnover: Difference between pages

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imported>Doug Williamson
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''Accounting''.  
Receivables turnover is an example of an ''activity ratio'' or ''management efficiency ratio''.
   
 
(GL).
The receivables turnover ratio indicates the number of times receivables are completely replaced in a year.  
 
 
It is calculated as:
 
Sales / receivables


Another name for the Nominal Ledger.


== See also ==
== See also ==
* [[Account]]
* [[Activity ratio]]
* [[Nominal Ledger]]
* [[Management efficiency ratio]]
* [[Receivables]]
* [[Turnover]]

Revision as of 11:06, 2 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


See also