How long did it take on average for credit customers to pay off accts if Peterboro Supply has a current accounts receivable balance of 391648 and credit sales for the year were 5338411?

1 answer

1248026

2026-04-05 20:45

Accounts receivable turnover ratio = 5338411 / 391648 = 13 times

In number of days per year = 360 / 13 = 27 days

ReportLike（0）ShareFavorite

Related Questions

Topics to Explore

Instagram Tumblr Skype Photoshop PowerPoint PostgreSQL MySQL JavaScript Java Linux Starlink SpaceX DELL Yahoo google Android Excel Microsoft Word TikTok Apple iOS iphone ipad Windows YouTube Amazon

A-Z Search

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9

About Us|Disclaimer|Copyright Notice|Infringement Report|Privacy Policy|Contact Us

Copyright © 2026 eLLeNow.com All Rights Reserved.