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Figure 35-1
-In Figure 35-1, what is item number 8?
Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects cash from its credit sales by calculating the number of times average accounts receivable are collected during a period.
Inventory Turnover
A measure of how many times a company's inventory is sold and replaced over a period.
Days' Sales Uncollected
A financial metric that measures the average number of days it takes a company to collect payment after a sale has been made.
Days' Sales In Inventory
A financial metric that estimates how many days it will take to sell the entire inventory, indicating the liquidity of inventory.
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