accounts receivable turnover


The average duration of an account receivable, equal to total credit sales divided by accounts receivable.

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The accounts receivable turnover ratio or metric was used to determine the rate at which our clients were paying us.

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I had to figure out what exactly the accounts receivable turnover meant for us and I consulted my friend, who knew a lot about it.

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The accounts receivable turnover of the company in question was on the lower end, even though their net credit sales were higher than average business of their kind.

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