Accounts Receivable Turnover Ratio Calculator
Accounts Receivable Turnover Ratio:
Formula: Accounts Receivable Turnover Ratio = Net Credit Sales / Average Accounts Receivable
Accounts Receivable Turnover Ratio Calculator | ||
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Parameter | Description | Example Value |
Net Credit Sales | The total sales made on credit during the period. | $600,000 |
Average Accounts Receivable | The average amount of accounts receivable during the period. | $100,000 |
Accounts Receivable Turnover Ratio | The ratio of net credit sales to average accounts receivable. Formula: Net Credit Sales / Average Accounts Receivable |
6.0 |