Categories
Resources for Accountants

Accounts Receivables Turnover Ratio – Meaning, Formula, Calculation & Interpretations [Video]

Accounts Receivables Turnover Ratio – Meaning, Formula, Calculation & Interpretations

This tutorial explains how the accounts receivable turnover ratio works, including its meaning, formula, calculations, and interpretation. Furthermore, using the Colgate Case Study, we will demonstrate how to calculate this ratio in Excel.
You can download the Colgate Accounts Receivables Turnover template from this link – https://www.wallstreetmojo.com/ratio-analysis-template/

What is Accounts Receivables Turnover Ratio?
——————————————–
The accounts receivable turnover ratio assesses a company’s ability to collect credit from customers. In simple terms, it indicates how many times a company’s average accounts receivables are collected and converted into cash over a specific time period, which is often a year.

Formula
——————————————–
Accounts Receivable Turnover Ratio Formula = Net Credit Sales / Average Accounts Receivables

Interpretation of Accounts Receivables Turnover Ratio
——————————————–
– A higher ratio indicates that the company is collecting cash more frequently and/or that its debtors are of good quality. It could also indicate that the company does much of its business in cash or has a stringent credit policy.
– A lower ratio could indicate that the company is inefficient in collecting debts, has a liberal credit policy, or has poor debtor quality.

Connect with us!
—————————
YouTube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw
LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/mycompany/
Facebook ► https://www.facebook.com/wallstreetmojo
Instagram ► https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_link
Twitter ► https://twitter.com/wallstreetmojo

Watch/Read More
Categories
Resources for Accountants

How to Start and Fund Your Own Business [Video]

Embarking on the journey of starting and funding your own business is akin to setting sail on uncharted waters. It's a thrilling yet daunting endeavor that demands a blend of creativity, strategy, and financial acumen. In today's dynamic business landscape, where innovation and disruption reign supreme, the allure of entrepreneurship beckons individuals eager to carve their own path and leave a mark on the world. However, navigating the complexities of business ownership requires careful planning, unwavering commitment, and access to adequate funding. This guide aims to illuminate the path ahead, offering a roadmap for aspiring entrepreneurs to transform their vision into a tangible business reality.

Categories
Resources for Accountants

What are the different types of Hedge Accounting models? [Video]

Bob will help you "close the GAAP" on what the different types of hedge accounting models are and when to use them. Check out his quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: ASC 815: Hedge Accounting (Course Collection): https://www.gaapdynamics.com/product/asc-815-hedge-accounting/ Financial Instruments: Hedge Accounting Under IFRS 9: https://www.gaapdynamics.com/product/financial-instruments-hedge-accounting-under-ifrs-9/#collection-cards

Categories
Resources for Accountants

Application of ASC 805 [Video]

This is the introductory video for the third course of the three-part Business Combinations eLearning series. Now that you are familiar with the basic accounting rules and certain ASC 805 advanced issues, this course will apply that knowledge by walking through an example acquisition and requiring you to identify the proper accounting treatment. Take the course: https://www.gaapdynamics.com/product/business-combinations-application-of-asc-805/ Buy all three courses and save! https://www.gaapdynamics.com/product/asc-805-business-combinations/ Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!

Categories
Resources for Accountants

Cheap Car Insurance Renewal Cost ★ 2022 [Video]

Discover cheaper car insurance renewal cost. Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/