应收账款周转率越高，表明企业应收账款回收的效率越高，即企业管理工作的水

The higher the receivables turnover rate, the higher the efficiency of the enterprise's receivables collection, that is, the higher the level of enterprise management. Conversely, the lower the receivables turnover rate, the more stagnation of funds on the receivables, which affects the daily operating turnover of the enterprise and may even cause the breaking of the enterprise ’s capital chain. The receivables turnover rate can also be expressed in time, which is generally referred to as the number of days of receivables turnover. It reflects the time required for the entire process from account receivable to recovery.

The higher the turnover rate of accounts receivable, the higher the efficiency of the recovery of accounts receivable, that is, the higher the level of enterprise management. On the other hand, the lower the turnover rate of accounts receivable, the lower the amount of funds that are unspent on the accounts receivable, which affects the daily business turnover of enterprises, and may even cause the enterprise capital chain to break. Accounts receivable turnover rate can also be expressed in time, generally referred to as accounts receivable turnover days. It reflects the time required for accounts receivable from the time it takes to recover the cash from being generated to cashing in.

The higher the turnover rate of accounts receivable, the higher the efficiency of the recovery of accounts receivable, that is, the higher the level of enterprise management. On the contrary, the lower the turnover rate of accounts receivable indicates that there is too much money on accounts receivable, which affects the daily operation turnover of enterprises and even causes the rupture of the capital chain of enterprises. The turnover rate of accounts receivable can also be expressed in time, which is generally called the turnover days of accounts receivable. It reflects the whole process of receivables from generation to recovery and realization.