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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.
Which of the following statements is/are CORRECT with respect to the Net FDI flows into India in October 2023?
I.According to Reserve Bank of Ind...
The Insurance Regulatory and Development Authority of India (IRDAI) has made changes to the approval process for insurance products.What changes have be...
What is the objective of the National Transit Pass System ( NTPS ) , recently launched by Union Minister Bhupender Yadav?
What is the revised upper limit of the Contingent Risk Buffer (CRB) set by RBI?
How many seats did the PAP win in the 2025 Singapore general elections?
Which bank has launched an exclusive NR savings account scheme named NRE Eve+, specifically curated for NRI women designed to cater to the unique fina...
Life Insurance Corporation of India (LIC) has launched a new non-linked, non-participating individual savings whole life insurance product in which the ...
Which of the following statement/statements is/are CORRECT regarding India's payment to the United Nations Regular Budget for 2024?:
1. India pai...
What is the height of the statue of Adi Shankaracharya unveiled by Madhya Pradesh Chief Minister Shivraj Singh Chouhan in Omkareshwar?
__________ will launch derivatives on the Nifty Midcap Select Index from January 24.