Accounts Receivable Turnover Ratio Definition | What is it?

Accounts Receivable Turnover Ratio

Accounts Receivable Turnover Ratio Definition

Accounts receivable turnover. The ratio of net credit sales to average accounts receivable. Accounts receivable turnover is measure of how quickly the customers/clients of a business pay for the products/services delivered on account.

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Tags: Accounts Receivable, Accounts Receivable Turnover, AR Turnover, Accounts Receivable Turnover Ratio, Accounts Receivable Turnover Ratios, AR Turnover Calculation

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