Analyze the Success of Your Accounts Receivable
The management of accounts receivable and payables is a normal part of any business operation, but don’t let it lull you into letting these go uncollected for too long.
Calculating your Receivables Turnover Ratio can help determine if you’re collecting money in a timely and efficient fashion. Having a high ratio is a good indicator that you’re on the right track with your collection schedule.
The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.