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Receivables Turnover Ratio
A financial metric that measures how effectively a company collects on its outstanding accounts receivable in a given period.
Liquidity
The ability of an asset to be converted into cash quickly without significant loss of value, indicating a company's capacity to meet its short-term obligations.
Receivables Turnover Ratio
A measure of how efficiently a company collects cash from its credit sales, calculated by dividing net credit sales by average accounts receivable.
Statement of Financial Position
A financial report that details an organization's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
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