Finance: Receivables Turnover

Efficiency Measure: The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets. Formula: Net Credit Sales/ Average Accounts Receivable

 

'Calculate Receivables Turnover
'Formula: Net Credit Sales/ Average Accounts Receivable

Return api.Data.GetDataCell("Divide(A#[YourNetCreditSalesAccount], A#[YourAccountReceivableAccount]:V#YearAvgToDate)")

 

Source:   Snippet Editor:  Finance - Common  Accounts - Efficiency Measures