Turnover Days definition

Turnover Days means, as of any date of determination, the amount (expressed in days) equal to:

Turnover Days means, as of any Determination Date, an amount equal to the Pool Balance as of the last day of the immediately preceding Collection Period divided by Collections relating to the immediately preceding Collection Period times 30.

Turnover Days at any time during a Settlement Period means the product of (a) the quotient of (i) the aggregate Unpaid Balance of Receivables as of the first day of the next preceding Reporting Period, DIVIDED BY (ii) the aggregate amount of Collections received on all Receivables during such Reporting Period, TIMES (b) the number of days in such Reporting Period.

Examples of 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.

• Capital UtilizationGiven below is a snapshot of various capital efficiency ratios for Marico: RatioQ1FY13Q1FY12Return on Capital Employed- Marico Group31.8%28.2%Return on Net Worth – (Group)34.3%35.6%Working Capital Ratios (Group)- Debtors Turnover (Days)- Inventory Turnover (Days) 1554 1749Debt: Equity (Group)0.580.74Finance Costs to Turnover (%) (Group)1.3%0.9%* Turnover Ratios calculated on the basis of average balances1.

• Inventory Turnover Days Our inventory turnover days remained stable at 103.6 days, 103.2 days and 103.5 days for the years ended February 28, 2017, 2018 and 2019, respectively.

• A discussion took place regarding the composition of Senate committee and subcommittees.

• Predictors: (Constant), Creditor Payable Days, Debt Turnover Days, Natural Log of sales, Current Ratio, Agec.

More Definitions of Turnover Days

Turnover Days at any time during a Settlement Period, means the product of (a) a fraction the numerator of which is the aggregate Unpaid Balance of all Receivables as of the first day of the next preceding Settlement Period and the denominator of which is the aggregate amount of collections received on all Receivables during such next preceding Settlement Period and (b) the number of days in such next preceding Settlement Period.

Turnover Days means, at any time, the greater of (a) thirty (30) and (b) the quotient of:

Turnover Days means, at any time, the quotient of:

Turnover Days means, at any time: (a) one-half of the sum of the beginning and ending Outstanding Balances of all Receivables during the Calculation Period most recently ended, multiplied by (b) the number of days in the Calculation Period most recently ended divided by the aggregate amount payable pursuant to invoices generated during that Calculation Period.

Turnover Days means, at any time, an amount equal to the product of (i) a fraction, the numerator of which is the sum of the unpaid balances of Receivables at the end of each of the three immediately preceding Collection Periods, and the denominator of which is the aggregate amount of Receivables generated during the three immediately preceding Collection Periods and (ii) 30.

Turnover Days means the product of (a) the quotient of (i) the aggregate Outstanding Balance of the Transferred Receivables as of the Initial Purchase Date or the first day of the Settlement Period next preceding such Reporting Date, divided by (ii) the aggregate amount of Collections received on all Transferred Receivables during such next preceding Settlement Period, times (b) the number of days in such next preceding Settlement Period (provided that Turnover Days for the Initial Purchase Date and the first Reporting Date thereafter shall be 51);

Turnover Days means, at any time, the product of (i) the average, for the immediately preceding three calendar months, of the aggregate Outstanding Balance of all Receivables at the end of each such month, DIVIDED BY the average, for each such month, of the aggregate Collections received during each such month, TIMES (ii) the average weighted payment terms in days, which number shall be no less than 61.