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Question

From the following particulars of JEE Ltd. calculate trade receivable turnover ratio.

Particulars Amount (₹)
Revenue from Operations
Cash revenue from operations
Trade receivable at the beginning of the year
Trade receivable at the end of the year
10,00,000
4,50,000
20,000

24,000











[2 marks]

A
50 times
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B
25 times
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C
72.5 times
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D
18.75 times
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Solution

The correct option is B 25 times

Trade Receivable Turnover Ratio =

Revenue from Credit SaleAverage Trade Receivables

5,50,00022,000 = 25 times

* Total Sales - Cash Sales

** (Opening Inventory+Closing Inventory)2


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