How should the number of days of accounts receivable turnover be calculated in less than a year?

First of all, what is the number of days in turnover of accounts receivable.

Accounts receivable turnover days refers to the time required by an enterprise from obtaining the right to accounts receivable to recovering the money and converting it into cash. It is an auxiliary indicator of accounts receivable turnover rate, and the shorter the turnover days, the better the efficiency of working capital use. It is a measure of how long it takes a company to recover accounts receivable, which belongs to the analysis of the company's operating ability.

Secondly, the discussion of the formula.

Accounts receivable turnover days = average accounts receivable * days Net sales revenue.

1. The "accounts receivable turnover days" in the formula refers to the time required for accounts receivable turnover once;

2. The "average accounts receivable" in the formula refers to the average balance of "accounts receivable", if you are calculating the average balance of accounts receivable for 1 month, you can add the balance of accounts receivable from the beginning of the month to the end of the month, and then divide by the number of days in the month, which is the "average accounts receivable" of the month. Such as:

Your accounts receivable at the beginning of March is 200,000 yuan and the accounts receivable at the end of March is 400,000 yuan, then: average accounts receivable = (20 + 40) 2 = 300,000 yuan.

3. The "days" in the formula refers to the number of days included in the period of "accounts receivable turnover days" that you want to calculate, if you want to calculate 1 quarter, use 90 days, if you want to calculate a month, use 30 days.

4. The "net sales revenue" in the formula refers to the sales revenue after deducting the sales discount. For example, if your total sales revenue in March is 620,000 yuan, including a discount of 20,000 yuan, the net sales income will be 600,000 yuan.

Sales revenue is the number of periods, that is, the sales revenue over a period of time.

Whereas, accounts receivable are assets and are points in time, that is, accounts receivable at a certain point in time.

Therefore, the sales revenue in the period of less than one year should be converted into one year's sales revenue.

Accounts receivable are considered to occur in equilibrium, and the average is (beginning + end) 2

The question is simple.

First calculate the average balance of accounts receivable = 7 months (beginning + end) 2 and then calculate the accounts receivable turnover rate = 7 months of sales revenue and average balance of accounts receivable.

Then accounts receivable turnover days = 360 * 7 12 accounts receivable turnover ratio.

The accounts receivable turnover ratio is the ratio that reflects the company's accounts receivable turnover rate. It illustrates the average number of times a company's receivables were converted into cash over a given period. The accounts receivable turnover rate expressed in time is the number of accounts receivable turnover days, also known as the average accounts receivable ** period or the average cash collection period.

It indicates the time it takes for a company to go from acquiring the right to an account receivable to recovering the money and turning it into cash.

Calculation formula: Accounts receivable turnover times = sales revenue accounts receivable.

Accounts receivable turnover days = 365 (sales revenue accounts receivable) accounts receivable to revenue ratio = accounts receivable sales revenue.

According to ABC Corporation's financial statement data:

The number of accounts receivable turnover in the current year = 3000 398 = the next year) the number of accounts receivable turnover days in the current year = 365 (3 000 398) = days) the ratio of non-current assets to income in the current year = 398 3000 =

Hello, the annualized accounts receivable turnover days are calculated as follows: the calculation formula for accounts receivable turnover days: accounts receivable Na net accounts turnover days = 360 accounts receivable turnover rate = average accounts receivable 360 days sales revenue = average accounts receivable average daily sales.

Accounts receivable turnover days = number of days in a year accounts receivable turnover rate, or = (accounts receivable days in a year) annual credit amount. I wish you a happy life! I hope I'm helpful to you.

Industrial enterprises should also be subdivided, after the industry classification is not very detailed standards, generally accounts receivable turnover rate = net main business income average balance of accounts receivable industry index value: social average is .The excellent value is .with a good value of .The construction industry averages, the real estate industry averageWholesale & Retail TradeAccommodation and catering, light industry