Accounts Receivable Turnover Ratio definition

Accounts Receivable Turnover Ratio means, for any Calculation Period, the ratio computed as of the most recent Calculation Date by dividing (a) the aggregate amount of Credit Sales during the 12 months ending on such Calculation Date by (b) the average month-end amount of the aggregate Unpaid Balance of Receivables during the 12 months ending on such Calculation Date.
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Accounts Receivable Turnover Ratio means, on any date of determination, the ratio computed as of the most recent Calculation Date by dividing (a) the aggregate amount of Credit Sales during the 12 fiscal months ending on such Calculation Date by (b) the average fiscal month-end amount of the Aggregate Unpaid Balance of Receivables during the 12 fiscal months ending on such Calculation Date.
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Accounts Receivable Turnover Ratio. As of any Cut-Off Date, the ratio computed by dividing (a) the aggregate amount of Credit Sales during the 12 Calculation Periods ending on such Cut-Off Date by (b) the average of the aggregate Outstanding Balance of all Receivables as of the last 12 Cut-Off Dates.
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Examples of Accounts Receivable Turnover Ratio in a sentence

  • The Accounts Receivable Turnover Ratio shall be less than 9.50 to 1 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio shall be less than 5.00 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio shall be less than 6.5 to 1 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio shall be less than 8.0 to 1 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio is less than 6.5 for any Due Period.

  • The Accounts Receivable Turnover Ratio is less than 6.75 for any Due Period.

  • The Accounts Receivable Turnover Ratio shall be less than 6.50 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio is less than 5.0 for any Due Period.

  • The Accounts Receivable Turnover Ratio shall be less than 7 to 1 for any Calculation Period.

  • The Accounts Receivable Turnover Ratio is less than 5.16 for any Due Period.


More Definitions of Accounts Receivable Turnover Ratio

Accounts Receivable Turnover Ratio. For any Due Period, the ratio computed as of the last day of such Due Period by dividing (i) the aggregate amount of Sales during the most recent thirteen (13) Due Periods by (ii) the rolling thirteen (13) Due Period average of the aggregate Unpaid Balance of Receivables.
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Accounts Receivable Turnover Ratio means, on any date of determination, the ratio computed as of the most recent Calculation Date by dividing (a) the aggregate amount of Sales during the 12 months ending on such Calculation Date by (b) the average month-end amount of the aggregate Unpaid Balance of Receivables during the 12 months ending on such Calculation Date.
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Accounts Receivable Turnover Ratio means, for any Settlement Period, the ratio computed as of the most recent Settlement Date by dividing (i) the aggregate amount of Receivables originated during the 12 months ending on such Settlement Date by (ii) the average month end amount of the aggregate Outstanding Balance of Receivables during the 12 months ending on such Settlement Date.
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Accounts Receivable Turnover Ratio. “Concentration Limit,” “Credit Sales,” “Currency Reserve,” “Days Sales Outstanding Ratio,” “Default Ratio,” “Delinquency Ratio,” “Dilution Horizon Ratio,” “Dilution Ratio,” “Dilution Reserve,” “Dilution Spike Rate,” “Dilution Volatility Component,” “Excess Concentration Amount,” “Expected Dilution Ratio,” “Loss Horizon Ratio,” “Loss Reserve,” “Obligor Percentage,” Required Reserves,” “Required Reserve Factor Floor,” “Required Reserve Floor Percentage,” “Servicing ​ 766151952 21673258 ​ Basel III, shall in each case be deemed to be a “Regulatory Change”, regardless of the date enacted, adopted or issued. Neither the Borrower nor any other Borrower Party shall be required to compensate any Lender, any Program Support Provider or the LC Issuer pursuant to the foregoing provisions of this Section 10.2 for any increased costs incurred or reductions suffered more than nine months prior to the date that the LC Issuer, such Program Support Provider or such Lender notifies the Borrower of the Regulatory Change giving rise to such increased costs or reductions and of the LC Issuer’s, such Program Support Provider’s or such Xxxxxx’s intention to claim compensation therefor.
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Accounts Receivable Turnover Ratio in Section 1.1 of the Agreement is hereby amended and restated in its entirety to read as follows:
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Accounts Receivable Turnover Ratio. “Concentration Limit,” “Credit Sales,” “Currency Reserve,” “Days Sales Outstanding Ratio,” “Default Ratio,” “Delinquency Ratio,” “Dilution Horizon Ratio,” “Dilution Ratio,” “Dilution Reserve,” “Dilution Spike Rate,” “Dilution Volatility Component,” “Excess Concentration Amount,” “Expected Dilution Ratio,” “Loss Horizon Ratio,” “Loss Reserve,” Required Reserves,” “Required Reserve Factor Floor,” “Servicing Fee” and “Servicing Reserve” (y) any components of the calculations and terms described in clause (x) above and (z) each other item required to be reported on for purposes of any Monthly Report or Weekly Report, in each case, for all purposes of this Agreement and the other Transaction Documents and (ii) constitute a portion of the Pledged Assets and Purchased Receivables for all purposes of this Agreement and the other Transaction Documents.
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Related to Accounts Receivable Turnover Ratio

  • Accounts Receivable has the meaning set forth in Section 2.01(a).

  • Loss Ratio means the ratio (expressed as a percentage) of the total amount of losses on claims associated with insurance policies incurred during a specified period to premiums earned during such period. The loss ratio is a key measure of underwriting profitability and the quality of the insurance portfolio and is used for comparisons to industry benchmarks and internal targets.

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each Fiscal Month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day, by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Eligible Accounts are Accounts which arise in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3. Bank reserves the right at any time and from time to time after the Effective Date, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Unless Bank agrees otherwise in writing, Eligible Accounts shall not include:

  • Loss Horizon Ratio means, as of any date of determination, a fraction (expressed as a percentage), (a) the numerator of which is the aggregate initial Unpaid Balance of all Receivables originated by each Originator during the immediately preceding four Settlement Periods then most recently ended and (b) the denominator of which is the Net Portfolio Balance as of the Cut-Off Date of the most recently ended Settlement Period.

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.