D DannyT23 New Member Joined Feb 1, 2006 Messages 16 Gender Female HSC 2006 Oct 25, 2006 #1 how do u caculate the acc. receievable turnover ratio.. everywhere i look i get a differnt answer thanks guys
how do u caculate the acc. receievable turnover ratio.. everywhere i look i get a differnt answer thanks guys
Z zedzed Member Joined Oct 15, 2006 Messages 107 Gender Undisclosed HSC 2006 Oct 25, 2006 #2 accounts receivable/average sales per day (measured in days)
E egarrz Member Joined Sep 12, 2005 Messages 32 Gender Male HSC 2006 Oct 25, 2006 #3 im led to believe its: credit sales / average accounts receivables = no. of times per year. so divide 365 by the figure and that is however many days the business collects money
im led to believe its: credit sales / average accounts receivables = no. of times per year. so divide 365 by the figure and that is however many days the business collects money
