Receivable Turnover Ratio definition

Receivable Turnover Ratio means, for any month, a ratio determined as: (NRPB/CO) x (30 + CDP) where : NRPB = the Net Receivables Pool Balance at the end of such month. CO = Collections of Non-Executory Pool Receivables received during such month. CDP = the Collection Delay Period.
Sample 1
Receivable Turnover Ratio means, for any month, a ratio determined as: (RPB/CO) x (30 + CDP) where:
Sample 1

Examples of Receivable Turnover Ratio in a sentence

  • Your accountant or financial controller can do some modelling on basic data like your Days Sales Outstanding and Accounts Receivable Turnover Ratio.

  • The Accounts Receivable Turnover Ratio shall be less than 5.00 for any Calculation Period.

  • The study evaluates automobile firms by using various ratios like: A) Liquidity- measured by the following ratios: i) Current Ratio, ii) Quick Ratio and iii) Cash Ratio; B) Financial Leverage- measured by the ratio of i) Debt Ratio, ii) Long Term Debt to Equity Ratio; C) Activity Ratios- two ratios, namely, i) Account Receivable Turnover Ratio and ii) Total Asset Turnover Ratio is used to measure the level of activity of the firm; D) Profitability is measured by two ratios viz.

  • The Accounts Receivable Turnover Ratio shall be less than 9.50 to 1 for any Calculation Period.

  • Account Receivable Turnover Ratio (ARTO) and Average Collection Period (ACP)Average Collection period:- measures the average numbers of days it takes for the company to collect it account receivable or number of day’s sales tied up in receivables (Pandey,2007;524)ACP= Account Receivable Average Sales per yearInterpretation A short collection period means prompt collection and better management of receivables.

  • Inventory Turnover Radio — average inventory divided into cost of sales for the year.Accounts Receivable Turnover Ratio — net credit sales for the yeardivided into trade receivables at the end of the year times 365.Net Worth to Total Debt Ratio — total liabilities divided into net worth.

  • The Accounts Receivable Turnover Ratio shall be less than 6.5 to 1 for any Calculation Period.

  • Figure 30: Accounts Receivable Turnover Ratio and Days Sales Outstanding (2016) (a) Accounts Receivable Turnover Ratio by Size(b) Accounts Receivable Turnover Ratio by Indus- Decile try (c) Days Sales Outstanding by Size Decile (d) Days Sales Outstanding by Industry Remark: The observations are registered firms in Thailand in 2016.

  • During the year, the turnover of the company has increased whereas trade receivable have decreased substantially and due to this reason, there is a variation in the Trade Receivable Turnover Ratio in the current year as compared to the earlier year.

  • Trade Receivable Turnover Ratio increased due to increase in Revenue from Operations.

Related to Receivable Turnover Ratio

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each Fiscal Month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day, by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Loss Ratio means the ratio (expressed as a percentage) of the total amount of losses on claims associated with insurance policies incurred during a specified period to premiums earned during such period. The loss ratio is a key measure of underwriting profitability and the quality of the insurance portfolio and is used for comparisons to industry benchmarks and internal targets.

  • Interest Cover Ratio means, on each Measurement Date, the ratio of (a) EBITDA to (b) Net Interest Charged in respect of the Measurement Period ending on that Measurement Date;

  • Loss Horizon Ratio means, as of any date of determination, a fraction (expressed as a percentage), (a) the numerator of which is the aggregate initial Unpaid Balance of all Receivables originated by each Originator during the immediately preceding four Settlement Periods then most recently ended and (b) the denominator of which is the Net Portfolio Balance as of the Cut-Off Date of the most recently ended Settlement Period.

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Weighted Average Net Mortgage Rate The weighted average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the first day of the calendar month preceding the month in which such Distribution Date occurs.

  • Consolidated Senior Leverage Ratio means the ratio of Consolidated Senior Debt, determined as of the last day of any fiscal quarter of the Company, to Consolidated EBITDA for the period of 12 months ending on such last day.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Quick Ratio means the ratio of:

  • Adjusted Leverage Ratio means, on any date, the ratio of (a) Total Debt as of such date to (b) Adjusted Consolidated EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP.

  • Debt Service Ratio means for any period the Modified Cash NOI for all consolidated and unconsolidated properties of the Operating Partnership based on its share (determined on a proportional ownership basis based upon the Operating Partnership’s ownership (direct or indirect) in each of its Subsidiaries and Joint Ventures) divided by Debt Service.

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."

  • Gross Vehicle Weight Rating (GVWR) means the maximum weight of the vehicle, as specified by the manufacturer. GVWR includes total vehicle weight plus fluids, passengers, and cargo.

  • Liquidity Ratio means the ratio of Liquidity to all Indebtedness to Bank.

  • Unencumbered Interest Coverage Ratio means the ratio of (a) the Unencumbered Adjusted NOI to (b) the Unsecured Interest Expense for the immediately preceding calendar quarter.

  • Weighted Average Net Mortgage Interest Rate As to any Distribution Date, a rate per annum equal to the average, expressed as a percentage of the Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date, weighted on the basis of the respective Scheduled Principal Balances of such Mortgage Loans.

  • Asset Coverage Ratio means the ratio, determined on a consolidated basis, without duplication, in accordance with GAAP, of (a) the Value of total assets of the Borrower and its Subsidiaries, less all liabilities (other than Indebtedness, including Indebtedness hereunder) of the Borrower and its Subsidiaries, to (b) the aggregate amount of Indebtedness of the Borrower and its Subsidiaries.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Unencumbered Leverage Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Unsecured Indebtedness, divided by (b) Unencumbered Asset Value.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • CET1 Ratio means, as of any Balance Sheet Date, the CET1 Capital as of such Balance Sheet Date, divided by the BIS Risk Weighted Assets as of such Balance Sheet Date, expressed as a percentage, such ratio (or the components thereof) as determined by the Group Holding Company, and (i) as disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) constituting (or as disclosed in) the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable.

  • Consolidated Secured Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.