Calculating your Receivables Turnover Ratio can help determine if you’re collecting money in a timely and efficient fashion. Having a high ratio is a good indicator that you’re on the right track with your collection schedule.
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The management of accounts receivable and payables is a normal part of any business operation, but don't let it lull you into letting these go uncollected for too long.
Calculating your Receivables Turnover Ratio can help determine if you’re collecting money in a timely and efficient fashion. Having a high ratio is a good indicator that you’re on the right track with your collection schedule.
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NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
