Accounts Receivable turnover measures the ability to collect cash from a company's credit customers.

Name: Accounts Receivable turnover measures the ability to collect cash from a company's credit customers.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Accounts Receivable turnover is a financial ratio that measures how efficiently a company collects cash from its credit customers. It is calculated by dividing the net credit sales by the average accounts receivable balance.

Accounts Receivable Turnover Measures the Ability to Collect Cash from a Company's