Working Capital Turns

Example Definitions of "Working Capital Turns"
Working Capital Turns. Net sales divided by average working capital, where working capital is defined as net accounts receivable plus net inventories minus accounts payable, excluding special charges or unusual or infrequent items incurred during the performance period, and as adjusted for changes in generally accepted accounting principles
Found in AAR Corp contract
Working Capital Turns. Net sales from continuing operations divided by average working capital, where working capital is defined as net accounts receivable plus net inventories minus accounts payable, excluding special charges or unusual or infrequent items incurred during the performance period, and as may be adjusted for changes in generally accepted accounting principles practices
Found in AAR Corp contract
Working Capital Turns. Net sales divided by average working capital, where working capital is defined as net accounts receivable plus net inventories minus accounts payable, excluding special charges or unusual or infrequent items incurred during the performance period, and as adjusted for changes in generally accepted accounting principles principles, in each case as approved by the Committee
Found in AAR Corp contract
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