Harris Corp. is a manufacturing company that produces electronic devices. They purchase raw materials from suppliers and convert them into finished products. The company operates in multiple countries and has subsidiaries in different regions. ABC Corp. has just completed its fiscal year and is preparing its financial statements for external reporting.

Determine the Accounts Receivable Turnover Ratio for ABC Corp. for the fiscal year ended December 31, 2023. The average accounts receivable balance for the year was $800,000, and net credit sales were $4,500,000. Use the formula: Accounts Receivable Turnover Ratio = Net Credit Sales / Average Accounts Receivable.