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Company sell their receivable to accelerate the receipt of cash from receivable.

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What is the purpose of receivables insurance?

The purpose of receivables insurance is to get insurance for your company and keep it safe. Insurance is very important in many aspects in life and recivable insurance is great for companies.


What will acceleration in the collection of receivables tend to cause the accounts receivable turnover to do?

Acceleration in the collection of receivables will tend to cause the accounts receivable turnover to increase. Many companies use collection agencies to help them with this process.


What is meant by the phrase 'medical receivables factoring'?

Medical receivables factoring is a term used when funding companies purchases their accounts receivable for health care providers. They immediately receive the payment once funding company purchases their accounts receivable.


What is the Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables


What is Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables

Related Questions

What is meant by cash flow factoring?

Cash flow factoring is a process in which companies that have cash flow issues and slow-paying customers often sell their invoices or accounts receivables to specialized companies (these are the factors). The factor advances most of the invoices by 70-90%.


What is the purpose of receivables insurance?

The purpose of receivables insurance is to get insurance for your company and keep it safe. Insurance is very important in many aspects in life and recivable insurance is great for companies.


Where can someone find out information on what expenses are factoring receivables?

Millennium Oil Field Factoring, Fastar Funding, and New Century Financial are companies that provide information on expenses that are factoring receivables.


What will acceleration in the collection of receivables tend to cause the accounts receivable turnover to do?

Acceleration in the collection of receivables will tend to cause the accounts receivable turnover to increase. Many companies use collection agencies to help them with this process.


What do farmers do with there crops?

farmers sell the crops to companies and companies sell them to stores and then the stores sell them to us


What is meant by the phrase 'medical receivables factoring'?

Medical receivables factoring is a term used when funding companies purchases their accounts receivable for health care providers. They immediately receive the payment once funding company purchases their accounts receivable.


What is The Receivables Exchange's population?

The population of The Receivables Exchange is 65.


When was The Receivables Exchange created?

The Receivables Exchange was created in 2007.


Who is the industry leader in business credit?

In a March 1999 issue, American Banker listed the top 10 finance companies based on commercial receivables and total receivables for 1998. Atop both lists was General Electric Capital Services of Stamford, Connecticut,


Can you sell manufactured machines to people in companies?

Yes, you can sell manufactured machines to people in companies


How do companies get hydrocarbons?

From other companies that sell hydrocarbons


Which companies sell Zegna ties?

There are many companies that sell Zegna ties. Examples of companies that sell Zegna ties includes Nordstrom, Neiman Marcus, Bluefly, and Bergdorf Goodman.