2008 Best Practices Study Agencies with Revenues between $5,000,000 and $10,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.44:1 2.08:1 Tangible Net Worth (% of Net Revenue) 9.1% 28.5% Receivables/Payables Ratio 52.4% 7.0% Aged Receivables % Receivables Aged Past 60 Days 7.0% 3.3% % Receivables Aged Past 90 Days -3.7% 0.9% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 40.2% 35.9% 33.2% % of P&C Revenues that are Direct Billed 59.8% 64.1% 66.8%
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