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प्रश्न
What is the significance of Debtors Turnover Ratio?
लघु उत्तर
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उत्तर
Debtors Turnover Ratio shows how quickly the money is recovered from borrowers. If the borrower’s Turnover Ratio is 6 times, for example, it means that the borrowers are turned into cash 6 times a year. When the debtors’ turnover ratio is high, borrowers pay their bills quickly, and there are fewer chances of bad debts.
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