A company's net receivables are the total amount of money its customers owe minus what the company estimates will likely never be paid. Accounts Receivable Turnover Ratio = Net Credit Sales ÷ Average Accounts Receivable.To calculate net accounts receivable, you need: total accounts receivable, allowance for doubtful accounts, and sales returns and allowances. To calculate net credit sales, subtract any returns, allowances, or discounts from the total sales figure. How to calculate accounts receivable days on hand? The debt-to-sales ratio is a financial ratio that compares a company's total debt to its total sales. It is used to assess the financial health of a company. Find programming, web development, design, writing, data entry jobs and more on Freelancer. World's largest freelancing marketplace, over 78m freelancers.