2009 Best Practices Study Agencies with Revenues under $1,250,000
	Financial Stability   Average Top 25% Balance Sheet Current Ratio 1.16:1 1.63:1 Tangible Net Worth (% of Net Revenue) 12.0% 33.9% Receivables/Payables Ratio 68.5% -19.2% Aged Receivables % Receivables Aged Past 60 Days 15.6% 1.1% % Receivables Aged Past 90 Days 25.1% 2.2% Accounts Receivable   Average +25% Profit +25% Growth Agency Billed vs. Direct Billed by Carrier % of P&C Revenues that are Agency Billed 12.1% 3.0% 12.1% % of P&C Revenues that are Direct Billed 81.5% 72.0% 75.4%
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