单词 | receivables turnover |
释义 | receivables turnover in Accounting (rɪsivəbəlz tɜrnoʊvər) noun (Accounting: Management) receivablesA receivables turnover is a measure of cash flow that is calculated by dividing net credit sales by average accounts receivable. The receivables turnover figures show the ratio of sales to the accounts receivable balance. Managers, directors, investors, and creditors evaluate the effectiveness of a company'scredit-granting and collection activities by conducting a receivables turnover analysis. A receivables turnover is a measure of cash flow that is calculated by dividing net credit sales by averageaccounts receivable. |
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