Days Sales in Working Capital

Example Definitions of "Days Sales in Working Capital"
Days Sales in Working Capital. As to the Company, or as to the relevant Operating Unit, the sum of trade accounts receivable (including notes receivable resulting from a customer's issuance of a note in exchange for amounts owed under trade terms and net of appropriate reserves), inventory (net of appropriate reserves), and accounts payable (vouchered and unvouchered), as shown on each of the 13 (December to December) unaudited monthly balance sheets of the Company (or of the relevant Operating Unit) prepared in the ordinary... course by the Company for a Performance Year divided by the Company's or Operating Units' last twelve months net sales, multiplied by 364, in a 52 week year and by 371 in a 53 week year View More
All Definitions