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-   -   Accounts recievable turnover ratio & average collection period in days (https://www.askmehelpdesk.com/showthread.php?t=644820)

  • Mar 20, 2012, 10:15 AM
    k1990
    Accounts recievable turnover ratio & average collection period in days
    I NEED HELP FINDING THE RECIEVABLE TURNOVER RATIO & THE AVERAGE COLLECTION PERIOD IN DAYS; ALL NUMBERS ARE IN THE MILLIONS.

    Company B
    ----------
    Recievable: February 28,2009 $1,868 million
    Revenue:February 28,2009 $45,015 million


    Company R
    ---------
    Accounts and notes revievable,net: December 31, 2008 $241.9 million
    Net sales and operating revenue: $4,244.5 million

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