2009 Best Practices Study Agencies with Revenues between $10,000,000 and $25,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.26:1 1.73:1 Tangible Net Worth (% of Net Revenue) 12.7% 25.7% Receivables/Payables Ratio 50.3% -1.3% Aged Receivables % Receivables Aged Past 60 Days -0.6% 1.2% % Receivables Aged Past 90 Days -5.7% 1.1% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 47.3% 51.3% 40.9% % of P&C Revenues that are Direct Billed 52.7% 48.7% 59.1%
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