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.

1. First, determine the total payments received ($). 2. Next, determine the total payments expected ($).
3. Next, gather the formula from above = NCR = PR / PA * 100.
4. Finally, calculate the Net Collection Rate.
5. 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