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Receivable Turnover Ratio or Debtor's Turnover Ratio is an accounting measure used to measure how effective a company is in extending credit as well as collecting debts. The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets. Formula: 〔Weygandt, J. J., Kieso, D. E., & Kell, W. G. (1996). ''Accounting Principles'' (4th ed.). New York, Chichester, Brisbane, Toronto, Singapore: John Wiley & Sons, Inc. p. 801.〕 A high ratio implies either that a company operates on a cash basis or that its extension of credit and collection of accounts receivable is efficient. While a low ratio implies the company is not making the timely collection of credit. ==Relation ratios== * Average Collection Period = 365 / Receivable Turnover〔Weygandt, J. J., Kieso, D. E., & Kell, W. G. (1996). ''Accounting Principles'' (4th ed.). New York, Chichester, Brisbane, Toronto, Singapore: John Wiley & Sons, Inc. p. 800.〕 * Average Debtor collection period: Trade Receivables/Credit Sales x 365 = Average collection period in days,〔Edexcel Accounting general certificate of education revision guide 2012〕 * Average Creditor payment period: Trade Payables/Credit Purchases x 365 = Average Payment period in days,〔Edexcel Accounting general certificate of education revision guide 2012〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Receivables turnover ratio」の詳細全文を読む スポンサード リンク
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