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rceivable
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There are 9 letters in RCEIVABLE ( A1B3C3E1I1L1R1V4 )
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Rceivable might refer to |
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Receivable Turnover Ratio or Debtor's Turnover Ratio is an accounting measure used to measure how effective a company is in extending credit as well as collecting debts. The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets.Formula:* * * * * R * e * c * e * i * v * a * b * l * e * * T * u * r * n * o * v * e * r * * R * a * t * i * o * * = * * * * N * e * t * * r * e * c * e * i * v * a * b * l * e * * s * a * l * e * s * * * A * v * e * r * a * g * e * * n * e * t * * r * e * c * e * i * v * a * b * l * e * s * * * * * * {\displaystyle \mathrm {Receivable\ Turnover\ Ratio} ={\mathrm {Net\ receivable\ sales} \over \mathrm {Average\ net\ receivables} }} * A high ratio implies either that a company operates on a cash basis or that its extension of credit and collection of accounts receivable is efficient. While a low ratio implies the company is not making the timely collection of credit. |