carlick

What is the use of account receivable turnover?

Hi I am preparing for my accounting quiz and cannot understand the reason for the use of turnovers. Please explain.

Add a comment

0%

0 replies

shashikanth_0p3

A small pie made by folding a piece of pastry over on itself to enclose a sweet filling

Add a comment

0%
wajid

The volume of shares traded during a particular period, as a percentage of total shares listed

Add a comment

0%
raja_g

"Accounts Receivable Turnover is used to:

Assess the liquidity of the receivables.

Measure the number of times, on average, a company collects receivables during the period.

Source:http://in.docsity.com/endocs/Reporting_and_Analyzing_Receivables_-_Financial_Accounting_-_Lecture_Slides_"

Add a comment

0%