The Accounts Receivable Turnover ratio is a financial metric used to measure how effectively a company is managing and collecting its receivables.
The rate of turnover, also known as the turnover ratio, depicts how frequently some part of the assets of an organization is turned over (i.e., replaced by others of the same class) within a specified period, typically a year.
The turnover ratio is a financial metric that evaluates the efficiency with which a company utilizes its assets to generate revenue. It is an important indicator of operational performance.
