Working Capital Turns definition

Working Capital Turns means net sales divided by average working capital, where working capital is defined as net accounts receivable plus net inventories minus accounts payable, excluding special charges or unusual or infrequent items incurred during the performance period, and as adjusted for changes in generally accepted accounting principles.

Working Capital Turns means net sales from continuing operations divided by average working capital, where working capital is defined as net accounts receivable plus net inventories minus accounts payable, excluding non-GAAP items included on the Company’s quarterly earnings releases, special charges or unusual or infrequent items incurred during the performance period, including changes in the Company’s accounts receivable financing program, and as may be adjusted for changes in generally accepted accounting practices.

Working Capital Turns means net sales from continuing operations divided by average working capital, where working capital is defined as net accounts receivable plus net

Examples of Working Capital Turns in a sentence

• As soon as reasonably practicable after the end of the fiscal year ending May 31, 2019, the Committee shall determine the extent to which each of the Earnings Per Share and Working Capital Turns targets were attained for such fiscal year.

• On or before August 29, 2017, the Committee shall (i) determine the Participants for such fiscal year, (ii) establish threshold, target and maximum Earnings Per Share and Working Capital Turns performance goals for such fiscal year, and (iii) approve the target Bonus payment for each Participant expressed as a percentage of the Participant’s Salary.

• On or before August 29, 2018, the Committee shall (i) determine the Participants for such fiscal year, (ii) establish threshold, target and maximum Earnings Per Share and Working Capital Turns performance goals for such fiscal year, and (iii) approve the target Bonus payment for each Participant expressed as a percentage of the Participant’s Salary.

• As soon as reasonably practicable after the end of the fiscal year ending May 31, 2016, the Committee shall determine the extent to which each of the Earnings Per Share and Working Capital Turns targets were attained for such fiscal year.

• In this respect, a large scale renewable energy development proposal could be SID.

• The STIP payment for the fiscal year ending May 31, 2024 (“Fiscal 2024”) will be based on Earnings Per Share and Working Capital Turns.

• Achievement of Earnings Per Share and Working Capital Turns targets between established ranges will be paid out on a straight-line basis within the targeted payout ranges, up to the maximum 250% payout.

• Figure 3 plots theoptimal debt-to-equity ratio as a function of the level of employee risk aversion, γ for three different levels of uncertainty in employee productivity, σ.

• As soon as reasonably practicable after the end of Fiscal 2023, the Committee shall determine the extent to which each of the Earnings Per Share and Working Capital Turns targets and the Strategic Objectives were attained for Fiscal 2023.

• On or before August 29, 2015, the Committee shall (i) determine the Participants for such fiscal year, (ii) establish threshold, target and maximum Earnings Per Share and Working Capital Turns performance goals for such fiscal year, and (iii) approve the target Bonus payment for each Participant expressed as a percentage of the Participant’s Salary.

More Definitions of Working Capital Turns

Working Capital Turns means a number equal to the product of three consecutive months of Net Trades Sales, annualized (three months sales times four), and then divided by Current Month Working Capital.