Collection rate of accounts receivable = (sales revenue during the reporting period-increase of accounts receivable during the reporting period)/sales revenue during the reporting period × 100%.

The recovery rate of accounts receivable refers to the ratio of accounts receivable recovered in a certain period of time to the total accounts receivable.

For example, the accumulated accounts receivable is 8 million yuan, of which 3 million yuan is recovered, and the recovery rate is: 300/800* 100%=37.5%.

Accounts receivable refers to the money that an enterprise should collect from the purchasing unit when selling goods, products and providing services in the normal course of business, including the taxes and fees that should be borne by the purchasing unit or the labor service receiving unit, as well as various transportation and miscellaneous fees paid by the purchasing party. Accounts receivable is a kind of creditor's right formed with the sales behavior of enterprises.

Extended data:

Make clear the terms in the sales contract.

When signing a sales contract with a distributor, we should pay attention to the following matters, so as to avoid business risks caused by differences with the distributor when dealing with accounts receivable in the future:

1. Specify various trading terms, such as price, payment method, payment date, transportation, etc.

2. Clarify the rights and responsibilities of both parties for breach of contract;

3. Determine the term of the contract and sign it after the end of the contract as appropriate;

4. Stamp the special seal for the dealer's contract (to avoid private printing or signature of personal behavior);

Reference source: Baidu Encyclopedia-Return Rate