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The accounts receivable turnover ratio is a method of quantifying credit management. By assessing how long it takes to collect an outstanding debt within a single accounting period – whether it ...
The accounts payable turnover ratio treats net credit purchases as equal to cost of goods sold (COGS) plus ending inventory, less beginning inventory.
The average gross receivables turnover is the ratio of net credit sales to average gross receivables. Generally Accepted Accounting Principles require companies to report the gross receivables ...