Accounts receivable turnover rate = net income of main business ÷ average balance of accounts receivable. The reasons for the decline in the turnover rate of accounts receivable are as follows:

1, the loan ratio increases. In order to expand sales, enterprises can allow customers to pay by installment or postpone payment, which will lead to a decline in the turnover rate of accounts receivable.

2. The customer deliberately delayed the payment, and a customer found an excuse to postpone the payment date, so the amount that should be recovered in this period was postponed, and the turnover rate of accounts receivable also decreased.