Why should a company not want to have a receivables turnover that is significantly higher than that

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Why should a company not want to have a receivables turnover that is significantly higher than that of its competitors? Why would it not want a receivables turnover that is significantly lower than that of its competitors?

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:12 AM

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Why should a company not want to have a receivables turnover that is significantly higher than that

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Financial Accounting Tools for Business Decision Making

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