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Accounts Receivable Turnover
(redirected from Receivable Turnover)

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Accounts receivable turnover
The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
Accounts Receivable Turnover
The average amount of time it takes for a business to collect on its accounts receivable. This is calculated by multiplying the amount in accounts receivable by the number of days in a given period and dividing into the total amount of credit sales. Accounts receivable turnover is a way to determine how a business' credit risk compares to that of its competitors.
accounts receivable turnover
The number of times in each accounting period that a firm converts credit sales into cash. A high turnover indicates effective granting of credit and collection from customers by the firm's management. Accounts receivable turnover is calculated by dividing the average amount of receivables into annual credit sales. Also called receivables turnover. See also activity ratio, collection period.
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The Company has improved its asset turnover ratios during the period from 50 days to 32 days for inventory turnover, and from 49 days to 27 days for accounts receivable turnover during at year ended June 30, 2009 and 2010, respectively.
Longwei Petroleum Earnings Call to Discuss Record Revenue and ... by PR Newswire
Accounts Receivable Turnover Ratio (ART) is an accounting measure used to quantify your company's effectiveness in extending credit, as well as, collecting its debts.
How to More Effectively Convert Your Accounts Receivable into Cash by Terry H. Hill / Advertising, marketing, public relations community
60 staff and six locations, is already one of the leading factoring providers nationwide in its target segment of small and medium-sized companies with a receivable turnover of between EUR250,000 and EUR5 million a year.
Dresdner Factoring Takes Over Competitor by PR Newswire Europe
 
 
 
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