DELL INC.

Asset Management/Turnover Ratios Con't : Ref#(75)

Account Receivable Turnover = S=Sales/Accounts Receivables

• High and/or increasing ratio indicates that: efficient receivables management since collecting and reloaning money many times in year

Dell (2006)=  55,908/5452=10.25

Dell (2005)=  49,205/4414=11.15

Dell (2004)=  41,444/3635=11.40