oboloo

oboloo Glossary

Account Receivable Turnover Calculator

oboloo Glossary

Account Receivable Turnover Calculator

Account Receivables Turnover Calculator is a powerful business tool used to measure how efficiently and effectively your company collects payments on its outstanding invoices. The calculator measures the total amount of money owed to your business, divided by the total sales of the accounting period. This figure allows you to quickly assess the collection efficiency of your receivables and make necessary improvements when needed. Using a simple “turns” formula, you can easily track and compare how well your customers perform in settling their invoices and make strategic decisions based on the results.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971