RE:RE:RE:RE:RE:Q1 to reach $1,500,000 - $2,000,000 for 2020????if receivables are running out 90, 120, days etc..... then who's paying the costs during this time ? Looks like PKG is play banker for there clients ......as they sit on interest in there accounts ie 2% per month - OUCH @@@@@@@@ To calculate the accounts receivable turnover, start by adding the beginning and ending accounts receivable and divide it by 2 to calculate the average accounts receivable for the period. Take that figure and divide it into the net credit sales for the year for the average accounts receivable turnover.