Receivables Turnover Ratio
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The receivables turnover ratio is a measure used to quantify a firm's effectiveness in extending credit as well as collecting debts. Learn more about it here.
Current assets are all of the assets a company uses to fund its daily operations. These are the assets the company could convert into cash within a year in the normal course of business.
Otherwise known as Earnings Before Interest, Taxes, Depreciation and Amortization. Learn more about this indicator of a company's financial performance.
A liability is a debt. It is an obligation that arises during the course of business and represents a third-party claim on the company's assets. A liability can arise in a number of different ways. It can be a type of borrowing or a promise to pay later.
Float is money in the banking system that is briefly counted twice due to delays in processing checks.
Compound interest is often called one of the most powerful concepts in finance. Find out what it is and how it can work for you.
Free On Board is a legal term referencing the passing of title and liability between buyers and sellers of goods.
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