Examlex
List three components of your personal balance sheet and two components of your income statement.
Average Sale Period
estimates the average time it takes for a company to sell its inventory.
Accounts Receivable Turnover
A financial metric that measures how often a company collects its receivables over a time period.
Inventory Turnover
A ratio indicating how many times a company's inventory is sold and replaced over a specific period, helping assess efficiency in managing inventory levels.
Accounts Receivable Turnover Ratio
A financial metric indicating how effectively a company extends credit and collects debts on that credit; calculated by dividing net credit sales by average accounts receivable.
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