Account Receivable Turnover (Times)

= Net Sales Credit / Average Gross Account Receivable

1- Insurance

YEAR 2019 2018 2017

Sales 15,300 16,361 16,852
Account Receivable 10,181 10,429 15,300
Result 1.503 1.569 1.101

2- Holding

YEAR 2019 2018 2017

Sales 52,078 42,280 15,300
Account Receivable 9,066.00 8,759.00 9,021.77
Result 5.744 4.827 1.696
 Account Receivable Turnover (Days)

= Net Sales on Credit / Account Receivable trunover

YEAR 2019
Solidarity Insurance Company 243
BNH 64
2016 2015
16,515 17,175
10,205 15,300
1.618 1.123

2016 2015
41,371 43,853
8,570.68 15,300
4.827 2.866
ceivable trunover

2018 2017 2016 2015

233 331 226 325
76 215 76 127