Average net receivables (given receivables turnover ratio and net receivable sales)

Formula

Average net receivables (given receivables turnover ratio and net receivable sales) formula
A
average net receivables
RTR
receivables turnover ratio
N
net receivable sales

Formula description

Receivable Turnover Ratio is one of the accounting activity ratios, a financial ratio. This ratio measures the number of times, on average, receivables are collected during the period. A popular variant of the receivables turnover ratio is to convert it into an Average Collection Period in terms of days. Remember that the Receivable turnover ratio is figured as "turnover times" and the Average collection period is in "days".

Calculator (how to use calculator?)

Average net receivables (given receivables turnover ratio and net receivable sales) formula
RTR
N
A
Precision

Formula code








References

  1. Wikipedia:Average collection period.

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