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accounts 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 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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Finally, long payment terms slow accounts receivable turnover, reducing asset turnover.
Marketing's role in managing assets by Boehlje, Michael / Agri Marketing
However, there are a number of meaningful measures that are readily understood and should be used as a basis for disclosure, such as inventory and accounts receivable turnover.
Making pro forma information more useful. (Corporate Reporting) by Duggan, Joseph William / Financial Executive
The accounts receivable turnover ratio is approximately 22 days, and the division bills 100% of the monthly department work-in-process.
How to build an outsourcing niche: selecting the right engagements is ... by Berson, Wayne / Journal of Accountancy
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