2009 Best Practices Study Agencies with Revenues between $1,250,000 and $2,500,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.33:1 1.89:1 Tangible Net Worth (% of Net Revenue) 9.1% 27.5% Receivables/Payables Ratio 68.2% 5.2% Aged Receivables % Receivables Aged Past 60 Days 11.0% 2.8% % Receivables Aged Past 90 Days 8.5% 2.1% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 29.1% 36.7% 31.7% % of P&C Revenues that are Direct Billed 63.5% 63.3% 54.0%
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