What is ACCOUNTS RECEIVABLE (A/R) TURNOVER?

The connection between unpaid sales and total sales. It shows how effective a company is at collecting debts. The formula uses credit sales and outstanding accounts.

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Related Legal Terms
ACCOUNTS RECEIVABLE (A/R) TO SALES RATIO, NET ACCOUNTS RECEIVABLE, NET REALIZABLE VALUE OF ACCOUNTS RECEIVABLE, ACCOUNTS RECEIVABLE, ACCOUNTS RECEIVABLE AGING, AVERAGE ACCOUNTS RECEIVABLE, ASSIGNMENT OF ACCOUNTS RECEIVABLE, FACTORING ACCOUNTS RECEIVABLE, ACCOUNTS RECEIVABLE FINANCING, BOOK VALUE OF ACCOUNTS RECEIVABLE


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