Accounts Turnover definition

Accounts Turnover means the number derived by dividing the aggregate amount of all of Borrower’s Accounts outstanding at the beginning of a month by the aggregate amount of proceeds of all Accounts received during that month, and multiplying the result by the number of days in that month.
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Accounts Turnover means, in respect of any applicable 90 day period, a number determined by (a) dividing (i) the number equal to the Borrower's actual sales and billed expenses for such period times four (4), by (ii) the average unpaid balance of all billed Accounts (exclusive of Accounts that have been charged-off or otherwise reserved against income) during such period, and (b) dividing the quotient of the foregoing into 365.
Sample 1
Accounts Turnover means, in respect of any applicable 90 day period, a number determined by (a) dividing (i) the number equal to the Borrowers’ actual sales and billed expenses for such period times four (4), by (ii) the average unpaid balance of all billed Accounts (exclusive of Accounts that have been charged- off or otherwise reserved against income) during such period, and (b) dividing 365 by the quotient of the foregoing.
Sample 1

Examples of Accounts Turnover in a sentence

  • Detailed Company Profile including Balance sheets, Profit & Loss Accounts, Turn-over etc.

  • Failure to provide a courtesy copy may result in the Court passing the hearing/submission.

  • Inventory1091167%6Trade Receivables Net Credit Sales Average Accounts Turnover Ratio Receivable4.174.13 1%7Trade Payables Turnover Total Purchases Average Accounts Payable Ratio829110%8Net Working Capital Net Annual Sales Working Capital Turnover Ratio3.303.0010%9Net Profit Ratio Net Profit after Tax Net Sales8.26%7.74%7%10Return on Capital Operating Profit Average Capital Employed Employed15.21%16.15%6%11Return on Investment Income generated from Average Investment FundsInvested funds4.11%5.58%26%67.

  • In addition to this, charities will have solutions to their fundraising and exploitation concerns at a much lower cost than they currently incur.

  • Financial Results (from Statutory Accounts) Turnover was £352.3m for the year to 31 March 2010 (31 March 2009:£331.6m).

Related to Accounts Turnover

  • Turnover means the aggregate value of the realisation of amount made from the sale, supply or distribution of goods or on account of services rendered, or both, by the company during a financial year;

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include:

  • System Revenues means all rates, rents, fees, charges,

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • DRS/Profile means the system for the uncertificated registration of ownership of securities pursuant to which ownership of ADSs is maintained on the books of the Depositary without the issuance of a physical certificate and transfer instructions may be given to allow for the automated transfer of ownership between the books of DTC and the Depositary. Ownership of ADSs held in DRS/Profile is evidenced by periodic statements issued by the Depositary to the Holders entitled thereto.

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • Loss Reserve means, on any date, an amount equal to (i) the aggregate of the Investment of all Purchasers set forth in the definition thereof at the close of business of the Servicer on such date multiplied by (ii)(A) the Loss Reserve Percentage on such date divided by (B) 100% minus the Loss Reserve Percentage on such date.