Credit Sales during the year = ₹18,00,000
Sales return = ₹3,00,000
Bills Receivables on 1/4/2021 = ₹2,00,000
Bills Receivables on 31/3/2022 = ₹2,50,000
Sundry Debtors on 1/4/2021 = ₹4,00,000
Sundry Debtors on 31/3/2022 = ₹1,50,000
Calculate Trade Receivable Turnover Ratio from the above data.

3 times

Average Trade Receivables = (Opening debtors + opening B/R + Closing debtors + closing B/R) / 2
                                           = (2,00,000+2,50,000+4,00,000+1,50,000) / 2 = 5,00,000
Trade Receivable Turnover Ratio = Net Credit Sales / Average Trade Receivables
                                                   = (1800000-300000) / 500000
                                                   = 15,00,000/ 5,00,000 = 3 Times