accounts receivable turnover

(redirected from Collection Periods)

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.
References in periodicals archive ?
The participants were wore an activity monitor continuously during three, one-week data collection periods between April 2013 and November 2014, Medical Daily reported.
Areas were delineated in a 3 x 2 factorial arrangement composed of three areas and two collection periods (August and November of 2012), with three repetitions.
Subsequent data collection periods will be the first six months of every third year thereafter (i.
While I'm a fan of recycling, and completely agree that landfill sites need to be reduced because they're are not only a blot on the landscape but a potential health hazard, I'm worried that extending bin collection periods could lead to all sorts of problems.
The results of the study show negative relations between receivable collection periods, inventory conversion period with firm's profitability.
The ratings, however, also reflect the firm's long and increasing collection periods, rising attrition rate and pressed profit margins.
The calculated values of the total signal change parameter for the studied reactions were decreasing almost linearly along with the prolongation of the data collection periods used for calculations (Fig.
The 2005 and 2006 RMA reports also showed average collection periods of 31, 44 and 60 days from invoice date for such businesses in the 25th, 50th and 75th percentiles, respectively.
For each year where all six collection periods were available, we selected the annual maximum to overcome any effects of variation in timing of peak abundance.
During the first and second collection periods, the respective numbers and proportions of ciprofloxacin-resistant isolates were 29 (73%) and 26 (70%) in the isolates from Spain, and 13 (77%) and 26 (79%) in the isolates from Thailand.
The effects of exposure to Aroclor 1254 on dialysate DA concentrations were initially analyzed using a three-way ANOVA, which examined the effects of PCBs and duration of exposure (both between-subject variables), as well as the within-subject repeated measure of the four collection periods.
We also kept a time line that tracked specific events, such as data collection periods and scheduling of drivers.

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