Average Days Sales Outstanding definition

Average Days Sales Outstanding means the weighted average number of days Liberty monthly bills to Customers remain outstanding during the calendar year preceding the calculation thereof pursuant to Section 4.01(b)(i) of the Servicing Agreement.
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Average Days Sales Outstanding means the weighted average number of days Evergy Missouri West monthly bills to Customers remain outstanding during the calendar year preceding the calculation thereof pursuant to Section 4.01(b)(i) of the Servicing Agreement.
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Average Days Sales Outstanding or “ADSO” means the average number of days that customer bills remain outstanding, as calculated and revised from time to time by the Master Service Provider in accordance with the Service Provider Agreement.
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Examples of Average Days Sales Outstanding in a sentence

  • Based on estimated Weighted Average Days Sales Outstanding of 29 days plus 2 business days for remittances and estimated net charge-offs of 0.73%.Capitalized terms used but not defined in this Monthly Servicer’s Certificate have their respective meanings as set forth in the Servicing Agreement.

  • For purposes of such calculation, the Servicer may calculate Actual FRC Collections based on the Weighted Average Days Sales Outstanding and write-offs for the relevant Reconciliation Period.

  • Beginning on September 1, 2022, the FRC collections based on Weighted Average Days Sales Outstanding and write-offs are to be remitted on the earlier of (1) the last business day of the current, semi-annual collection period or (2) no later than 10 days after the total accumulated estimated FRC exceeds one percent of the Periodic Payment Requirement, or $96,283.86.

  • Based on estimated Weighted Average Days Sales Outstanding of 29 days plus 2 business days for remittances and estimated net charge-offs of 0.73%.

  • Beginning on September 9, 2022, the FRC collections based on Weighted Average Days Sales Outstanding and write-offs are to be remitted on the earlier of (1) the last business day of the current, semi-annual collection period or (2) no later than 10 days after the total accumulated estimated FRC exceeds one percent of the Periodic Payment Requirement, or $158,432.38.

  • Students may withdraw from courses through the final day of instruction of the term.

  • Average Days Sales Outstanding (DSO) also increased as customer collections slowed, with operators responding by paying their suppliers more slowly (higher Days Payable Outstanding or DPO).

  • Based on actual Weighted Average Days Sales Outstanding of WEPCO Electric - 31 days plus 2 business days for remittances and actual net charge-offs of 1.08%.Therefore, due to excess result calculated by the Servicer the amount noted above will be reduced from remittances until the balance of such excess remittances is zero.Executed as of this 1st day of March 2022.


More Definitions of Average Days Sales Outstanding

Average Days Sales Outstanding means any period (expressed in a number of days) calculated as: (i) the average of the aggregate Unpaid Balance of all Receivables as of the applicable Cut-Off Date for each of the three immediately preceding Calculation Periods, multiplied by (ii) 91, divided by (iii) the aggregate amount of invoices giving rise to Receivables generated during the immediately preceding three Calculation Periods.
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Average Days Sales Outstanding means, as of any day, the quotient of (a) the sum of (i) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 0 to 30 days from their respective original invoice dates TIMES 30; PLUS (i) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 1 to 30 days from their respective original due dates TIMES 60; PLUS (iii) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 31 to 60 days from their respective original due dates TIMES 90; PLUS (iv) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 61 to 90 days from their respective original due dates TIMES 120; PLUS (v) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 91 to 120 days from their respective original due dates TIMES 150; PLUS (vi) the aggregate Outstanding Balance of Pool Receivables that remain outstanding 121 to 150 days from their respective original due dates TIMES 180; PLUS the aggregate Outstanding Balance of Pool Receivables that remain outstanding more than 151 days from their respective original due dates TIMES 210; DIVIDED BY (b) the aggregate Outstanding Balance of all Pool Receivables.
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Related to Average Days Sales Outstanding

  • Days Sales Outstanding means, as of any day, an amount equal to the product of (x) 91, multiplied by (y) the amount obtained by dividing (i) the aggregate outstanding balance of Receivables as of the most recent Cut-Off Date, by (ii) the aggregate amount of Receivables created during the three (3) Calculation Periods including and immediately preceding such Cut-Off Date.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • Average Revolver Usage means, with respect to any period, the sum of the aggregate amount of Revolver Usage for each day in such period (calculated as of the end of each respective day) divided by the number of days in such period.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Average Daily Trading Volume means, with respect to any date, the average of the daily trading volumes for the Class A Common Stock on the Principal Trading Facility for the thirty (30) Trading Days immediately preceding such date.

  • Average Daily Balance means the balance sum computed by dividing the sum of the balance outstanding on each day from the first day of the next Billing Period by the number of days in that Billing Period. For the purpose of computation, each day’s balance is determined by adjusting the Total New Balance with payments, credit, cash withdrawal, purchases of goods and/or services obtained on the Sales Drafts and/or Cash Withdrawal Drafts received by Maybank before the Closing Date of each Billing Period;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Volume Weighted Average Price for any security as of any date means the volume weighted average sale price on The NASDAQ Global Market (“NASDAQ”) as reported by, or based upon data reported by, Bloomberg Financial Markets or an equivalent, reliable reporting service mutually acceptable to and hereafter designated by holders of a majority in interest of the Warrants and the Company (“Bloomberg”) or, if NASDAQ is not the principal trading market for such security, the volume weighted average sale price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or, if no volume weighted average sale price is reported for such security, then the last closing trade price of such security as reported by Bloomberg, or, if no last closing trade price is reported for such security by Bloomberg, the average of the bid prices of any market makers for such security that are listed in the over the counter market by the Financial Industry Regulatory Authority, Inc. or in the “pink sheets” by the Pink OTC Market, Inc, or in the Over-The-Counter Bulletin Board (“OTCBB”). If the Volume Weighted Average Price cannot be calculated for such security on such date in the manner provided above, the volume weighted average price shall be the fair market value as mutually determined by the Company and the Holders of a majority in interest of the Warrants being Exercised for which the calculation of the volume weighted average price is required in order to determine the Exercise Price of such Warrants. “Trading Day” shall mean any day on which the Common Stock is traded for any period on the OTCBB, NASDAQ, or on the principal securities exchange or other securities market on which the Common Stock is then being traded. For purposes of Rule 144 and sub-section (d)(3)(ii) thereof, it is intended, understood and acknowledged that the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have been acquired at the time this Warrant was issued. Moreover, it is intended, understood and acknowledged that the holding period for the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have commenced on the date this Warrant was issued.

  • Anticipated total county revenue availability means the sum of the:

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • average daily net assets of the Fund shall mean the average of the values placed on the Fund's net assets as of 4:00 p.m. (New York time) on each day on which the net asset value of the Fund is determined consistent with the provisions of Rule 22c-1 under the 1940 Act or, if the Fund lawfully determines the value of its net assets as of some other time on each business day, as of such time. The value of the net assets of the Fund shall always be determined pursuant to the applicable provisions of the Declaration and the Registration Statement. If the determination of net asset value does not take place for any particular day, then for the purposes of this section 6, the value of the net assets of the Fund as last determined shall be deemed to be the value of its net assets as of 4:00 p.m. (New York time), or as of such other time as the value of the net assets of the Fund's portfolio may be lawfully determined on that day. If the Fund determines the value of the net assets of its portfolio more than once on any day, then the last such determination thereof on that day shall be deemed to be the sole determination thereof on that day for the purposes of this section 6. You may waive all or a portion of your fees provided for hereunder and such waiver shall be treated as a reduction in purchase price of your services. You shall be contractually bound hereunder by the terms of any publicly announced waiver of your fee, or any limitation of the Fund's expenses, as if such waiver or limitation were fully set forth herein.

  • Billing Month is defined in Section 9.1(b).