Enter the total payments received ($) and the total payments expected ($) into the Calculator. The calculator will evaluate the Net Collection Rate.

## Net Collection Rate Formula

NCR = PR / PA * 100

Variables:

- NCR is the Net Collection Rate (%)
- PR is the total payments received ($)
- PA is the total payments expected ($)

To calculate Net Collection Rate, divide the total payments received by the payments expected, then multiply by 100.

## How to Calculate Net Collection Rate?

The following steps outline how to calculate the Net Collection Rate.

- First, determine the total payments received ($).
- Next, determine the total payments expected ($).
- Next, gather the formula from above = NCR = PR / PA * 100.
- Finally, calculate the Net Collection Rate.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

total payments received ($) = 500

total payments expected ($) = 1000