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    umair85 Posts: 1, Reputation: 1
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    Mar 13, 2012, 09:26 AM
    Average Collection and Payment Period and Average Days of Sales
    I have to calculate the following ratios:
    1.Average Collection Period
    2.Average Payment Period and
    3. Average Days of Sales available in inventory

    Of a health company which receives most of its revenue in prepaid advance and it does not have inventory as does the trading firm.

    Can some one help me out. I have included the link of financial statements.

    http://www.grouphealthresearch.org/aboutus/fin_statements/gh_financial_statement_2010.pdf

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