Arvind Ltd is trying to ascertain its efficiency and calculates the accounts receivable turnover ratio. The ratio is higher in FY21 as compared to FY20. What does a higher accounts receivable turnover ratio in FY21 indicate?
The accounts receivable turnover ratio, also known as the debtor’s turnover ratio, is an efficiency ratio that measures how efficiently a company is collecting revenue – and by extension, how efficiently it is using its assets. The accounts receivable turnover ratio measures the number of times over a given period that a company collects its average accounts receivable . The accounts receivable turnover in days shows the average number of days that it takes a customer to pay the company for sales on credit. As such, a higher ratio would mean its taken lesser days to collect from debtors.
√ (12+√ (12+√ (12+ ⋯ ∞ ))
18 × √225 + 378 ÷ √441 = ? × 9
(23 × 8) – (13 × 5) + 67 =? x 6
45% of 360 - 160 + ? = √324
648 ÷ 36 × 49 – 1012 + 847 = ?
5555 ÷ 11 ÷ 5 = 100 + ?
Find the simplified value of the given expression
? ÷ 62 × 12 = 264
Solve the following equation.
143 + 14.3 + 1.43 + 0.143 + 0.0143 =?
68% of 450 – 1008 ÷ 14 + 516 ÷ 43 =?