Receivable Turnover Days definition

Receivable Turnover Days means, on any date, an amount equal to [OBOR x AVM] + CDP CO where: OBOR = the aggregate original Outstanding Balance of all Originator Receivables created by the Originator and/or EDS during the most recently ended month. CO = Collections received during such month. AVM = the Average Maturity on such date. CDP = the Collection Delay Period.
Sample 1
Receivable Turnover Days means, on any date, an amount equal to [OBOR x AVM] + CDP ---- CO where: OBOR = the aggregate Outstanding Balance of all Pool Receivables at the end of the most recently ended Fiscal Month. CO = Collections received during such Fiscal Month. AVM = the Average Maturity on such date. CDP = the Collection Delay Period.
Sample 1
Receivable Turnover Days means, on any date, an amount equal to where: NRPB = the Net Receivables Pool Balance. CO = Collections received during the most recently ended Month. CDP = the Collection Delay Period.
Sample 1

Examples of Receivable Turnover Days in a sentence

  • As proxies for firms’ size and investment, the regression includes the number of employees and the value of common stock – which are expected to have negative signs – and capital expenditures, which is expected to have a positive sign.3 As a proxy for cash flow concerns, the regression includes the cash conversion cycle, defined as Inventory Turnover Days + Account Receivable Turnover Days – Accounts Payable Turnover Days.

  • US$ in thousands) 40,00030,00020,00010,0000 33,17832,48026,12926,67628,52017,0663Q12 4Q12 1Q13 2Q13 3Q13 4Q13$1.00$0.00-$1.00-$2.00-$3.00-$4.00-$5.00 $0.03-$1.15-$0.73-$2.82-$2.87-$3.453Q12 4Q12 1Q13 2Q13 3Q13 4Q13 Accounts Receivable Turnover Days * ADS amounts adjusted for a change in the ratio of the Company’s American Depositary Shares to ordinary shares from 1:1 to 1:20, effective as of December 12, 2012.

  • The Accounts Receivable Turnover Days shall be determined as of the last day of each month for the 3-month period ending on such date.

  • Receivable Turnover Days = (Trade Receivables/ Revenue) x 365 days As can be seen from above, the receivable days increased from 161 days in 2014 to 188 days in 2015 and further increased to 224 days in 2016.

  • Accounts Receivable Turnover Days Sales in Accounts Receivable Receivable turnover ratio of Adobe Inc for the year 2021 is 9.6. It means that the company collects all of its receivables in 38 days, on average.

  • Examples are: Current Ratio, Accounts Receivable Turnover, Days of Receivables, Days of Inventory, and Cash to Cash Cycle.

  • Borrower shall not permit its Accounts Receivable Turnover Days to exceed the Maximum Accounts Receivable Turnover Days set forth on Schedule A.

  • Receivable Turnover Days = (Net Premium Income/ Insurance and Reinsurance Receivables) x 365 days 2015Draft20142013Turnover -Net Premium Income (K'000)313,398258,768271,057Insurance and Reinsurance Receivables (K'000)126,546135,457124,793Receivables Turnover Days147191168 Further, it was observed that insurance receivables amounting to K85,613,000 were outstanding for periods ranging from one (1) to five (5) years as of December 2015.

  • Receivable Turnover Days = (Trade and Other Receivables / Revenue) x 365 Days 2015Draft2014 In addition, a scrutiny of the trade debtors’ age analysis from the billing system revealed that the LgWSC was owed amounts totalling K27,816,653 in unpaid bills as of 5th October 2016, as shown in the table below.


More Definitions of Receivable Turnover Days

Receivable Turnover Days means, on any date, an amount equal to OBOR × 30 CO where: OBOR = the aggregate Outstanding Balance of all Pool Receivables at the end of the most recently ended month. CO = Collections received during such month.
Sample 1
Receivable Turnover Days means at any time, the average, for the immediately prior three (3) months, of the Outstanding Balance of Eligible Receivables at the end of each such month, divided by Collections received during such month, multiplied by thirty (30) days.
Sample 1
Receivable Turnover Days means, on any date, an amount equal to where: RPB = the Outstanding Balance of Receivables minus unapplied cash and unapplied credit memos. CO = Collections received during the most recently ended Month.
Sample 1

Related to Receivable Turnover Days

  • Turnover Date means the earliest of the following dates:

  • Cutoff Date means the Statistical Cutoff Date, the Initial Cutoff Date and any Subsequent Cutoff Date, as applicable.

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Initial Cutoff Date means [________], 20[__].

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for 61 days or more from the original due date for such payment.

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • CREFC® Servicer Watch List/Portfolio Review Guidelines As of each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Eligible Unbilled Receivable means, at any time, any Unbilled Receivable if (a) the related Originator has recognized the related revenue on its financial books and records under GAAP, and (b) not more than thirty (30) days have expired since the date such Unbilled Receivable arose.

  • Review Receivable has the meaning designated in Section 1.02 of the Asset Representations Review Agreement.

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Servicer Remittance Report As defined in Section 4.03(d).

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Review Receivables means those certain Receivables identified by the Servicer to the Asset Representations Reviewer following receipt of a Review Notice as not having been paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents at or prior to the date of such Review Notice.

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Eligible Receivable means, at any time, a Receivable:

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.