For example, annual credit sales of $500,000 divided by end of year accounts receivable of $45,000 equals an ART of 11.11. This figure represents how many times the accounts receivable figure was ...

Reviewed by Eric Estevez Accounts receivable turnover and inventory turnover are two important ratios used by analysts to measure how efficiently a firm is paying its bills, collecting cash from ...

The sum of these balances divided by 13 produces $12,277 in average accounts receivable. Your TTM receivable turnover is 17.9, or $220,000 divided by $12,277.