2007 Best Practices Study
Agencies with Revenues under $1,250,000
 
   
 

 

Financial Stability
  Average Top 25%
Balance Sheet
Current Ratio 1.30:1 2.02:1
Tangible Net Worth (% of Net Revenue) 13.7% 29.4%
Receivables/Payables Ratio 68.4% 7.5%
Aged Receivables
% Receivables Aged Past 60 Days 11.8% 7.2%
% Receivables Aged Past 90 Days 9.4% 3.1%

 

 
     
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