ACCOUNTS RECEIVABLE TURNOVER Definition

Bookmark and Share

ACCOUNTS RECEIVABLE TURNOVER is the ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.

Learn new Accounting Terms

PIERCING THE CORPORATE VEIL is a legal concept through which a corporations shareholders, who generally are shielded from liability for the corporations activities, can be held responsible for certain actions.

ACV see ACTUAL CASH VALUE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.