Average number of days for the collection of receivables = 365 / annual number of accounts receivable turnover - This ratio represents the average number of days during which receivables are not collected. Generally, the larger the number of days for which claims have not been collected, the greater is the likelihood of delays with accounts receivable. Comparing the data on the average number of days to collect receivables it can be seen to which extent the company successfully controls the collection andreceivables