2009 Best Practices Study Agencies with Revenues between $5,000,000 and $10,000,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.37:1 2.05:1 Tangible Net Worth (% of Net Revenue) 5.6% 25.6% Receivables/Payables Ratio 44.1% -1.2% Aged Receivables % Receivables Aged Past 60 Days 13.2% 1.2% % Receivables Aged Past 90 Days 0.4% 1.2% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 33.4% 37.5% 29.7% % of P&C Revenues that are Direct Billed 66.6% 62.5% 70.3%
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