collection ratio

collection ratio
The ratio of a company's accounts receivable to its average daily sales, which gives the average number of days it takes the company to convert receivables into cash. Bloomberg Financial Dictionary

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collection ratio collection ratio ratio

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collection ratio UK US noun [C] US
ACCOUNTING the number of invoices that a business receives payment for: »

The company has repeatedly scored a collection ratio of 95%.


Financial and business terms. 2012.

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