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number of days of inventory

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  • Days in inventory — Days in inventory(DII) is an efficiency ratio that measures the average number of days the company holds its inventory before selling it. The formula for DII is: where the average inventory is the average of inventory levels at the beginning and… …   Wikipedia

  • number of days' stock held — A ratio that measures the average number of days stock held by an organization. To obtain an accurate measure the following formula should be used for each commodity: (number of units in stock × 365)/stock usage in units per annum. The number of… …   Accounting dictionary

  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • Days payable outstanding — (DPO) is an efficiency ratio that measures the average number of days a company takes to pay its suppliers. The formula for DPO is: where ending A/P is the accounts payable balance at the end of the accounting period being considered and COGS/day …   Wikipedia

  • days' supply — number of days needed to sell all vehicles in inventory, based on the previous month s sales rate …   Dictionary of automotive terms

  • Days sales outstanding — In accountancy, Days Sales Outstanding (also called Days Receivables) is a calculation used by a company to estimate their average collection period. A low number of days indicates that the company collects its outstanding receivables quickly.… …   Wikipedia

  • Days' sales in inventory ratio — The average number of days worth of sales that is held in inventory. The New York Times Financial Glossary …   Financial and business terms

  • days' sales in inventory ratio — The average number of days worth of sales that is held in inventory. Bloomberg Financial Dictionary …   Financial and business terms

  • Inventory turnover ratio — is one of the Accounting Liquidity ratios, a financial ratio. This ratio measures the number of times, on average, the inventory is sold during the period. Its purpose is to measure the liquidity of the inventory. A popular variant of the… …   Wikipedia

  • 13 (number) — Number|number = 13 range = 10s cardinal = thirteen ordinal = th ordinal text = numeral = tredecimal factorization = prime prime = divisor = 1, 13 roman = XIII unicode = greek prefix = latin prefix = bin = 1101 oct = 15 duo = 11 hex = D misc =:… …   Wikipedia

  • Average Age Of Inventory — The average number of days it takes for a firm to sell a product it is currently holding as inventory to consumers. The formula to calculate the average age of inventory is C/G x 365, where C is the average cost of inventory at its present level… …   Investment dictionary


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