100 :- Compute Trade Receivables Turnover Ratio from the following :
Solution :-
2023 – 24
Average Trade Receivables = Opening Debtors + Closing Debtors/2
= 83,000 + 1,17,000/2
= Rs 1,00,000
Trade Receivable Turnover Ratio = Credit Revenue from Operation/Average Trade Receivables
= 8,00,000/1,00,000
= 8 Times
2024 – 25
Average Trade Receivables = Opening Debtors + Closing Debtors/2
= 83,000 + 1,17,000/2
= Rs 1,00,000
Trade Receivable Turnover Ratio = Credit Revenue from Operation/Average Trade Receivables
= 7,00,000/1,00,000
= 7 Times