Average Collection Period
ACP = Accounts Receivable Annual Gross Revenue/365
• Measures how quickly revenue is turning into cash • Expressed in terms of days • Using trailing 12 months revenue keeps number current
Fast Growth Firm Median
Very High Profit Firm Median
2017 2018 2019 2020 2021
Survey Median
71
64
67
75
77
70
70
71
106
THE PRINCIPALS ACADEMY 2022
Made with FlippingBook Annual report