If XYZ's Receivables Turnover Is 4x, What Does That Mean

question 25

Multiple Choice

If XYZ's receivables turnover is 4x, what does that mean?

• A) XYZ's total sales are rotated four times a year.
• B) XYZ has a really good receivables turnover rate.
• C) XYZ is able to collect its receivables every 90 days, or 4 times a year.
• D) XYZ generates four times as much sales through receivables than sales through cash.

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Definitions:

IQs

A measure of a person’s intelligence and cognitive abilities compared to the average population, typically assessed through standardized tests.

Giftedness

Exceptional intelligence or talent well above the average population, often requiring special educational programs to foster development.

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Original models or first versions of a product or concept that are used as a basis for further development or comparison.

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