Accounting for IGCSE & O level - Advanced Principles (Section 4 - No. 43)
What does 'accounts receivable turnover' measure?
The average period for collecting payment from customers.
The speed at which inventory is sold.
The ability to pay suppliers.
The amount of profit generated.
คำอธิบาย
Accounts receivable turnover measures how quickly a company collects its debts from customers.