Operating Cycle Clause Samples
Operating Cycle. Based on the nature of activities of the Company and the normal time between acquisition of assets and their realization in cash or cash equivalents, the Company has determined its operating cycle as 12 months for the purpose of classification of its assets and liabilities as current and non-current.
Operating Cycle. The producer shall generate nitrogen at rated capacity within 15 to 20 minutes of start-up at ambient temperature. Upon starting the producer, it shall be capable of operating continuously and in a steady-state mode of operation for at least six hours at a time, with up to six start-ups per 24 hours. The producer shall power up automatically when system pressure drops to 4,000 psig and shall run until system pressure is restored to 5,000 psig. At that time, the producer shall run for 10-15 minutes in standby mode in anticipation of further demand. If no such demand is created, the producer shall safely shut down.
Operating Cycle. The natural logarithm of operating cycle defined as days sales outstanding plus days inventory outstanding. Profit Margin Income before extraordinary items divided by sales. ▇▇▇▇▇▇’▇ Z ▇▇▇▇▇▇’▇ (1968) Z score, calculated with Compustat items as following: 1.2*(ACT/AT) +1.4*(RE/AT) + 3.3*(EBIT/AT) + 0.6*((PRCC_F*CSHO)/LT) + External Dependence Capital expenditures minus operating cash flow, divided by Debt to AT Total debt divided by total assets.