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c3 I understand multiple financial ratios have to be taken into account to understand performance. However the receivable turnover for retail trade is 38.11, motor
c3 I understand multiple financial ratios have to be taken into account to understand performance. However the receivable turnover for retail trade is 38.11, motor vehicles is 14.31 while the receivable turnover for computer & electronics industry is 8.27, pharma is 6.16.
Why retail industries and auto industries bills are paid quickly by customers than electronics or pharma industry?
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