Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

Deprecated: Array and string offset access syntax with curly braces is deprecated in /home/magicsocial/public_html/index.php on line 3

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Accounts Receivable Turnover Ratio – Get Instagram followers. Magic Social

Accounts Receivable Turnover Ratio


receivables turnover definition

An accounts receivable turnover ratio of 7 means XYZ Company was able to collect its average accounts receivable balance ($15,000) about seven times throughout the year. An accounts receivable turnover ratio of 4 means ABC Company was able to collect its average accounts receivable balance ($325,000) about four times throughout the year.

  • This ratio answers this question in time or days that receivables are collected per year.
  • A company that persistently contacts its customers for payment will reduce the amount of receivable turnover, on the assumption that these contacts result in more cash receipts.
  • Low receivable turnover may be caused by a loose or nonexistent credit policy, an inadequate collections function, and/or a large proportion of customers having financial difficulties. payyer
  • The receivables turnover ratio is an accounting measure used to quantify a company’s effectiveness in collecting its accounts receivable, or the money owed by customers or clients. هل لعبة puppy town حقيقية

You should be able to find the necessary accounts receivable numbers on your balance sheet . Therefore, it is acceptable to use a different method to arrive at the average accounts receivable balance, such as the average ending balance for all 12 months of the year. Thus, ABC’s accounts receivable turned over 10 times during the past year, which means that the average account receivable was collected in 36.5 days.

Dependence On Cash

Simply divide the number of days in a year by the receivables turnover ratio. For example, a company with an inventory-receivables turnover ratio of 10 would have an average collection period of 365 divided by 10, or approximately 36.5 days. This means that it takes the company an average of 36.5 days to collect money it is owed from credit sales. The receivables turnover ratio is an accounting measure used to quantify a company’s effectiveness in collecting its accounts receivable, or the money owed by customers or clients. This ratio measures how well a company uses and manages the credit it extends to customers and how quickly that short-term debt is collected or is paid. A firm that is efficient at collecting on its payments due will have a higher accounts receivable turnover ratio.

AR are the types of loans that you provide to them in terms of free of interest. Line Of CreditA line of credit is an agreement between a customer and a bank, allowing the customer a ceiling limit of borrowing. The borrower can access any amount within the credit limit and pays interest; this provides flexibility to run a business. Consero’s Finance as a Service is revolutionizing the way companies meet their finance and accounting needs. Explore insights into our innovative model and the successes of companies we’ve partnered with. Collecting outstanding invoices can be challenging in the best of circumstances. Waiting until customers have high receivable balances that are weeks or even months behind before you get serious makes a tough job even tougher.

The balance sheet report summarizes the assets, liabilities, and equity for a business at a specific point receivables turnover definition in time (e.g., January 1). In the business overview section, you will see several balance sheet reports.

Average accounts receivable refers to the total sum of beginning and ending accounts receivable over a specific period of time (e.g., a month, quarter, or year). Net credit sales are any sales for which cash is collected at a later date. In that case, you might reconsider your credit policies to possibly increase sales as well as improve customer satisfaction. We have included the most frequently asked questions about Certified Public Accountant accounts receivable turnover in this section. I was scoring 80% on portions of your exam simulator tests, and reread all of the materials and your study guide 3 times before I went in. I had also printed all of the questions I had missed in practice, and reviewed those in the parking lot before I went in. However, I had no idea what the answer was on the first 10 questions on the exam, and that really got me stressed!

Debtors Turnover Ratio Or Receivable Turnover Ratio:

To see if customers are paying on time, you need to look for the income statement. It is normally found within a page or two of the balance sheet in a company’s annual report or 10K. With the income statement in front of you, look for an item called “credit sales.” The receivables turnover ratio formula tells you how efficiently a company can collect on the outstanding credit it has extended. The average amount of time it takes for a business to collect on its accounts receivable. This is calculated by multiplying the amount in accounts receivable by the number of days in a given period and dividing into the total amount of credit sales. Accounts receivable turnover is a way to determine how a business’ credit risk compares to that of its competitors.

receivables turnover definition

Low receivable turnover may be caused by a loose or nonexistent credit policy, an inadequate collections function, and/or a large proportion of customers having financial difficulties. It is also quite likely that a low turnover level indicates an excessive amount of bad debt. جدول مباريات يورو ٢٠٢١ To recap, the accounts receivable turnover ratio tells you how quickly you are collecting on the money owed to you by customers to whom you have granted credit privileges. It retained earnings also provides insight into your credit policy and whether or not you need to improve upon your existing accounts receivable process and procedures. If you use accounting software like QuickBooks, you can quickly run the reports you need to calculate your A/R turnover ratio. A company’s inventory receivables turnover is frequently expressed in terms of the average number of days it takes the company to collect money it is owed from credit sales.

Finally, you take your net credit sales and divide it by the average accounts receivable balance. The accounts receivable turnover ratio measures how effectively a business can collect payment from customers they have extended credit to.

Does Accounts Receivable Turnover Include Allowance For Doubtful Accounts?

Higher ratios mean that companies are collecting their receivables more frequently throughout the year. For instance, a ratio of 2 means that the company collected its average receivables twice during the year. In other words, this company is collecting is money from customers every six months. Accounts receivables is the term which includes trade debtors and bills receivables.

It is also an important indicator of a company’s financial and operational performance. Many companies even have an accounts receivable allowance to prevent cash flow issues. Accounts Receivable Ratio measures the efficiency of the company in controlling its account receivable in terms of collecting activities—number of collections. It normally uses as the key performance indicator for management by the board of directors especially for the company that faces financial difficulty.

receivables turnover definition

This ratio is using to measure how efficiently the company’s assets and resources are managed and used. In other accounting words, when a credit sale is made, it will take the company 182 days to collect the cash from the sale.

Generating A Balance Sheet Report In Quickbooks Online

An efficiency ratio, accounts receivable turnover tells the analyst how effectively the company manages the credit extended to customers. The measure is a good indication of the average time needed to convert receivables into cash. The metric relies on information from the income statement as well as the balance sheet . Once you have your net credit sales, the second part of the accounts receivable turnover ratio formula requires your average accounts receivable. Accounts receivable refers to the money that’s owed to you by customers.

Understanding Accounts Receivable Turnover Ratio

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Sign up today and you can qualify for up to 50% off of a paid subscription. For instance, if a company ABC supplies its goods to different stores across the USA and then sends invoices to each of them once every month. The payment term for each of the customers is net30 which means payment is due thirty days after the date of the invoice. Now, some customers would pay on time as per the term while few of those will go out and not pay anything to ABC. While on the other hand, in another example, if a cable TV company XYZ offers Cable TV services to its consumers.

It sells to supermarkets and convenience stores across the country, and it offers its customers 30-day terms. That means the customers have 30 days to pay for the beverages they’ve ordered. Have you been to an electronics store when someone has purchased a large ticket item, such as a TV? When the customer arrives to checkout, the cashier asks, cash or credit? Customers have two options to pay for an item, they can pay cash or charge the purchase and pay for the item over time, this is called credit. Using online payment platforms like Square or Paypal allows businesses to remove the need for collections calls and potential losses due to non-payments.

On this balance sheet excerpt, you can see where you would pull the accounts receivable number from. If customers within a certain industry are accustomed to delayed payments, this attitude may persist even for those companies attempting to accelerate payment. A company that persistently contacts its customers for payment will reduce the amount of receivable turnover, on the assumption that these contacts result in more cash receipts. Learn accounting fundamentals and how to read financial statements with CFI’s free online accounting classes.