25 May 2016
sir, pls elaborate the receivables (debtors) Turover ratios with examples. actually i want to reduce my debtors in the firm which is over due by many months. How i regulate the debtors turnover ratio in my firm.
25 May 2016
Receiving TO in days ratio (Payment performance of debtors) Closing Balance (Debtors)/Total Sales (Debtors) X Total Year Days Example 5000/60000X366 = 30.5 Days