2009 Best Practices Study Agencies with Revenues between $2,500,000 and $5,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.42:1 2.11:1 Tangible Net Worth (% of Net Revenue) 10.1% 23.8% Receivables/Payables Ratio 31.7% -28.8% Aged Receivables % Receivables Aged Past 60 Days 77.6% 1.4% % Receivables Aged Past 90 Days 78.5% 5.2% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 31.8% 27.2% 36.4% % of P&C Revenues that are Direct Billed 68.2% 72.8% 63.6%
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