The Account Receivable of Textile Industry is 194.66 Billion Yuan in the Fourth Quarter of 2010
Author: Jan 27, 2011 13:59
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The account receivable of textile industry is 194.66 billion yuan in the fourth quarter of 2010, which increased 12.5% year on year, and reduced 0.6% compared to last quarter.
The circulating days of account receivable in the fourth quarter (90﹡average account receivable/quarterly sales income) reduced from 21.8 days of last quarter to 21.2 days of this quarter, and the speed of withdrawing capital from circulation of total industry was accelerated.
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Editor: leila From: 168Tex.com
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