The ratio of net credit sales to average accounts receivable, a measure of how quickly customers pay their bills. Found on http://www.encyclo.co.uk/local/20047
The accounts receivable turnover ratio is an?efficiency ratio?that measures how often receivables are collected during a period. It also calculates both the quality and liquidity of the customer account balances. In other words, A/R turnover shows how many times a company can collect its average total accounts receivable during an?accounting period... Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction