![]() ![]() Carbon Collective does not make any representations or warranties as to the accuracy, timeless, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Carbon Collective's web site or incorporated herein, and takes no responsibility therefor. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. Please refer to our Customer Relationship Statement and Form ADV Wrap program disclosure available at the SEC's investment adviser public information website: CARBON COLLECTIVE INVESTING, LCC - Investment Adviser Firm (sec.gov). Registration with the SEC does not imply a certain level of skill or training. Accounts Receivable Turnover Ratio CalculatorĬontent sponsored by Carbon Collective Investing, LCC, a registered investment adviser. = 5.33 times (A rather slow rate of debtors turnover for a trading company). Solution:Īccounts receivable turnover ratio = Sales/Average accounts receivable ![]() Required: Calculate Fine Company's accounts receivable turnover ratio. Accounts receivable at the end of the year: $800,000.Accounts receivable at the beginning of the year: $1,000,000.The following data relates to the company's most recent accounting period: Formula For Accounts Receivable Turnover Ratio Exampleįine Company sells goods on credit. Much like the inventory turnover ratio, the accounts receivable turnover ratio shows how many times debtors are extended credit that they fully repay each year. The accounts receivable turnover ratio, also known as the debtors turnover ratio, indicates the effectiveness of a company's credit control system.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |