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The number of days' sales in receivable is a measure of?

The number of days' sales in receivable is a measure of? a. Asset value b. Sales performance c. Profitability d. Liquidity

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تم إضافة السؤال من قبل Anayatullah Tahir , Accounting Consultant , Various
تاريخ النشر: 2014/04/16
irfan ul haq
من قبل irfan ul haq , Sales & Distribution Supervisor , National Foods Products Co

D Liquidity

SRINIVAS RAO KANAMARLAPUDI
من قبل SRINIVAS RAO KANAMARLAPUDI , Senior AGM , SEAWAYS SHIPPING AND LOGISTICS LIMITED

I agree with 'D' Liquidity

Anayatullah Tahir
من قبل Anayatullah Tahir , Accounting Consultant , Various

In this question answer D is correct as number of days'sales in receivable means how many days it takes those sales to collect. It is related to liquidity, It is not an Asset value, profitablity or Sales performance. Becaue sales performance is though measured by some companies based on collections, but in really it is not sales performance, collection is responsiblity of collection department or credit department in some companies.

Divyesh Patel
من قبل Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

D- Liquidity is the correct answer.

Juanito Jr De Guzman
من قبل Juanito Jr De Guzman , Chief Accountant , Zen FZE

d. Liquidity - concern with availability of fund.

Srinivas Kotni ACA CMA
من قبل Srinivas Kotni ACA CMA , Finance Controller , Ecolab

Option (D) Liquidity is correct.

mohammed ismail
من قبل mohammed ismail , Group Accounting Manager , AMS Holding Group

The answer is D. liquidity.

Muhammad Fiaz
من قبل Muhammad Fiaz , GROUP MANAGER ACCOUNTS, FINANCE AND TAX , SMPL Group of Companies

D.

Anna Lee Gayongan
من قبل Anna Lee Gayongan , Senior Account Payable Executive , GROUPM MENA FZE LLC

D

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