Debtor days ratio
The first ratio we will look at is debtor days. This ratio looks at how many days it takes to receive our money from our debtors. It is usually calculated over a period of 1 financial year.
The ratio is as follows:
\(Debtor\,Days = \frac{Ending\,Balance\,Debtors}{Sales} \times Days\,in\,Financial\,Year\)
The following information is available to you:
- Sales for the year: 12,500 USD
- Ending Debtors balance: 650
Diese Übung ist Teil des Kurses
Financial Forecasting in Python
Anleitung zur Übung
- Create the variables for the ending debtors balance
debtors_end
, and the total sales for the yearsales_tot
. - Calculate the debtor days ratio
ddays_ratio
. - Print the result.
Interaktive Übung
Versuche dich an dieser Übung, indem du diesen Beispielcode vervollständigst.
# Create the variables
____ = ____
____ = ____
# Calculate the debtor days variable
____ = (____/____) * 365
# Print the result
print("The debtor days ratio is {}.".format(____))