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Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects revenue from its credit sales by dividing net credit sales by the average accounts receivable.
Net Credit Sales
Sales made on credit minus any returns or allowances.
Accounts Receivable
The money owed to a business by its customers for goods or services delivered but not yet paid for.
Fair Value Measurement
This is the estimation of the price at which an asset or liability could be exchanged in a current transaction between willing parties, other than in a liquidation sale.
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