Question:

Days receivable Ratio???

by  |  earlier

0 LIKES UnLike

Need help with the formula and where to find the numbers to plug into it from the Consolidated Balance Sheets/Statement of Cash Flows/Shareholder's Equity.

I think the formula is accounts receivable/average days sales on creidt.

If this is right...where do I find these numbers on the referenced sheets??

Thanks!!

 Tags:

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating

  1. The formula is correct, but it's better to use average AR. AR is obtained from the balance sheet, sales is obtained from the income statement.

You're reading: Days receivable Ratio???

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now