GITNUX MARKETDATA REPORT 2024

Statistics About The Average Receivable Turnover Ratio

The average receivable turnover ratio measures how many times a company collects its average accounts receivable balance in a given period.

Statistic 1

"The average accounts receivable turnover in days for the U.S Retail Industry is approximately 27 days."

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Statistic 2

"In 2020, the average accounts receivable turnover ratio for wholesale companies was around 12 times."

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Statistic 3

"The global average accounts receivable turnover ratio for all sectors is roughly 9."

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Statistic 4

"Most Healthcare Services Providers have an average accounts receivable turnover ratio ranging from 7 to 10"

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Statistic 5

"The U.S Manufacturing Industry has an average accounts receivable turnover ratio between 7 and 8."

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Statistic 6

"The technology sector companies have an average accounts receivable turnover ratio between 5 and 6."

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Statistic 7

"The Consumer Goods sector in India has an average accounts receivable turnover ratio of 10 times in 2020."

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Statistic 8

"In the Telecommunications Industry, the average accounts receivable turnover ratio is between 8 and 9."

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Statistic 9

"In 2019, the average accounts receivable turnover ratio across all S&P 500 companies was around 8.5."

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Statistic 10

"The Automotive Industry has an average accounts receivable turnover ratio of about 8 to 9"

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Statistic 11

"Large Manufacturing firms have an average accounts receivable turnover ratio around 12."

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Statistic 12

"Utilities service companies, on average, have an accounts receivable turnover ratio of around 8."

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Statistic 13

"The average accounts receivable turnover ratio for Media Industry is typically around 6.02 times per year."

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Statistic 14

"The average accounts receivable turnover ratio for Real Estate Industry is typically around 6.47 times per year."

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