2008 Best Practices Study Agencies with Revenues over $25,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.26:1 1.70:1 Tangible Net Worth (% of Net Revenue) 3.4% 27.4% Receivables/Payables Ratio 60.9% 31.7% Aged Receivables % Receivables Aged Past 60 Days 8.0% 2.6% % Receivables Aged Past 90 Days 3.8% 0.7% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 59.8% 51.7% 59.4% % of P&C Revenues that are Direct Billed 36.2% 34.0% 26.3%
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