What is the Accounts Receivable Turnover Ratio Template and why it is useful in a business plan for a mortgage broker business?
The Accounts Receivable (AR) Turnover Template gives a small business owner like Ryan Armstrong the ability to present a very crisp view of what the projected AR turnover ratio will be like for a small business like Real Estate Funding Solutions in the three years for which the financials are being projected. The AR turnover ratio denotes the number of times the accounts receivable is collected / turned over during an year. The higher the number - the better. The template gives Ryan Armstrong the ability to present this number in both numerical as well as graphic format.
What calculations go into the Accounts Receivable (AR) Turnover Ratio Template?
The AR Turnover ratio is calculated by simply entering in the Sales and Accounts Receivable number for the 3 years for which the financial projections are being made. Our template does the rest and you can click on the output tab to copy the output and paste it into your business plan document.
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