Central Bank of St. Louis

  • a business management team sitting around the table
  • Analyze the Success of Your Accounts Receivable

    The management of accounts receivable and payables is a normal part of any business operation, but don’t let it lull you into letting these go uncollected for too long.

    Calculating your Receivables Turnover Ratio can help determine if you’re collecting money in a timely and efficient fashion. Having a high ratio is a good indicator that you’re on the right track with your collection schedule.