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With the following data, calculate DSO and Debtor Turnover Ratio. Explain the importance of each and make inferences. (5 Marks) Rs. In Crores FY 2021-22
With the following data, calculate DSO and Debtor Turnover Ratio. Explain the importance of each and make inferences. (5 Marks)
Rs. In Crores
FY 2021-22 FY 2020-21
Sales 1,01,000 87,255
Receivables 36,347 33,331
60% of the sales are on credit basis
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