2008 Best Practices Study Agencies with Revenues between $2,500,000 and $5,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.38:1 1.91:1 Tangible Net Worth (% of Net Revenue) 6.8% 22.8% Receivables/Payables Ratio 55.2% 9.8% Aged Receivables % Receivables Aged Past 60 Days 12.4% 2.0% % Receivables Aged Past 90 Days 7.5% 2.4% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 33.7% 28.9% 24.8% % of P&C Revenues that are Direct Billed 63.3% 60.0% 75.2%
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