If Accounts Receivable turnover is 10.4, this means that from the date of:
purchase to the date of payment is approximately 35 days.
sale to the date of receipt of payment is approximately 35 days.
discount to the date of receipt of payment is approximately 35 days.
invoice to the date of payment is approximately 35 days.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
