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Briefly compare and explain each company's Receivables turnover& Average time (days) to collect. Receivables turnover= Sales/Average Accounts Receivable Amazon= 14.96 Costco= 95.32 Walmart= 81.87 Average
Briefly compare and explain each company's Receivables turnover& Average time (days) to collect.
Receivables turnover= Sales/Average Accounts Receivable
Amazon= 14.96
Costco= 95.32
Walmart= 81.87
Average time (days) to collect= 365/Receivables turnover
Amazon= 24.39
Costco= 3.83
Walmart= 4.46
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