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Receivables turnover ratio for calendar year ended 12-31-11

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Receivables Turnover Ratio for calendar year ended 12-31-11= $1,377,283/(($193,375+$116,663)/2)=$1,377,283/$155,019= 8.9 Times.Average Age of Receivables for calendar year ended 12-31-11=365 days/8.9= 41.01 Days.How to analyze for deckers comapany base on this in formation? what can i tell for the perform of this company?

Reference no: EM13570484

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