Accounts Receivable Turnover

Business / Finance / Accounts Receivable Turnover: The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
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Other Words for Turnover

Turnover Noun Synonyms: gross (revenue), (total) business, volume
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Personal Accounts

Business / Accounting / Personal Accounts: These are the accounts of a business's customers and suppliers. They are usually held in the Sales and Purchase Ledgers. MORE

Number Of Days Sales In Receivables

Business / Accounting / Number Of Days Sales In Receivables: A measure of the average number of days it takes to collect a credit sale: computed by dividing 365 days by the accounts receivable turnover. MORE

Portfolio Turnover

Business / Taxes / Portfolio Turnover: Portfolio turnover is the rate at which a mutual fund manager buys or sells securities in a fund, or an individual investor buys and sells securities in a brokerage account. A rapid turnover rate, whi MORE

Portfolio Turnover Rate

Business / Finance / Portfolio Turnover Rate: For an investment company, an annualized rate found by dividing the lesser of purchases and sales by the average of portfolio assets. MORE

Pro-Forma Accounts (Pro-Forma Financial Statements)

Business / Accounting / Pro-Forma Accounts (Pro-Forma Financial Statements): A set of accounts prepared before the accounts have been officially audited. Often done for internal purposes or to brief shareholders or the press. MORE

Note Receivable

Business / Accounting / Note Receivable: A claim against a debtor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date. MORE