In addition, the Group has high operating efficiency, with trading accounts receivable turnover
days recorded 28 days.
Poor ratio analysis--that is, low accounts receivable turnover
, negative current ratio, high debt service coverage, low days of cash on hand;
The accounts receivable turnover
(days), inventory turnover (days), net working capital turnover rate, and return on assets indicators were used to measure the effectiveness of the working capital management.
a) The accounts receivable turnover
is calculated as annual net sales on account divided by average annual accounts receivable.
The company's consultant brought in Amerisource to boost cash flow, billing, credit management and accounts receivable turnover
Are reports prepared to adequately monitor performance of the accounts receivable function (aging analysis, percentage of delinquent accounts in each aging category, accounts receivable turnover
or days sales outstanding ratios, bad debt and its recovery, etc.
Finally, long payment terms slow accounts receivable turnover
, reducing asset turnover.
Annual sales volume, average invoice size, longevity of factor-company relationship, accounts receivable turnover
, historical dilution rate, and concentration all impact the terms of factoring.
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
Parent and subsidiary firms did not significantly differ in their accounts receivable turnover
ratios (total sales over total accounts receivable) except for those in vertical keiretsu.
More than 61% of businesses surveyed said their top priority is to expedite accounts receivable turnover
to accelerate cash flow.
Those who may be interested in the new product could include customers in the consumer goods sectors who wish to effectively minimize or even eliminate bad debt losses, outsource back office accounts receivable management, improve accounts receivable turnover
and increase access to working capital, he added.