Name: DIGI
Uploaded: 2022-01-09
Duration: 1 min 8 s
Description: ACCOUNT RECEIVABLE TURNOVER. MAXIS. DIGI. 2016 2017 2018 2019 2020 6.65 8.52 8.27 6.90 7.15.

. ACCOUNT RECEIVABLE TURNOVER. MAXIS. DIGI. 2016 2017 2018 2019 2020 6.65 8.52 8.27 6.90 7.15. 

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2016 2017 2018 2019 2020 6.65 8.52 8.27 6.90 7.15

2016 2017 2018 2019 2020 8.17 15.89 11.60 12.10 13.51

How to calculate Accounts
Receivable Tumover Ratio?
Accounts
Receivables
Turnover Ratio
Formula
Net Credit Sales
Average Accounts Receivables

Account Receivables ratio tells you how good a job your business does at collecting invoices. The ratio is used to measure how effective a company is at extending credits and collecting debts.

ACCOUNT RECEIVABLE TURNOVER RATIO 20 15 10.17 6.65 5 2016 15.89 8.52 2017 11.6 8.27 2018 MAXIS O 12.1 6.9 2019 13.51 7.15 2020 DIGI. 

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ACCOUNT RECEIVABLE TURNOVER RATIO
20
15
10.17
6.65
5
2016
15.89
8.52
2017
11.6
8.27
2018
MAXIS O
12.1
6.9
2019
13.51
7.15
2020
DIGI

Since the receivables turnover ratio measures a business ability to efficiently collect its receivables, it only makes sense that a higher ratio would be more favorable. Higher ratio means that companies are collecting their receivables more frequently throughout the year. Low AR ratio means that the company policies are not strict enough or having issues with debt collection.

Based on the graph, it shows that in 2017 Maxis collected its highest receivables 8.52 times on average that year. A high receivables turnover ratio indicates that Maxis collection of accounts receivable is efficient and the company has a high proportion of quality customers that pay their debts quickly on that year. Meanwhile, also in 2017, it shows that Digi collected its highest receivables 15.89 times on average that year. The excellent turnover rate suggests a very strong credit and collection policy of Digi.

DIGI

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