Average Net Working Capital definition

Average Net Working Capital means, as of the end of the performance period, the average of the last four quarter end balances for each of (i) receivables, as reported, less the portion of accrued liabilities representing trade allowance, plus (ii) inventories, as reported, minus (iii) accounts payable.
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Average Net Working Capital means a 13 month average of net working capital for the division. The 13 months used are the 12 months during the Award Period, plus the month of December 2007.
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Average Net Working Capital means, with reference to any given date, the average of the 12 Net Working Capital amounts as of the last day of each of the 12 calendar months preceding such date, determined in accordance with the Calculation Rules set forth in Schedule 1.1(a)(i).
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Examples of Average Net Working Capital in a sentence

  • At the end of the 3rd Quarter, Return on Equity (ROE) is 24%, Average Net Working Capital / Net Sales is 46% and Return on Assets (ROA) is 13%.

  • For purposes of this Agreement, “ROIC” shall mean the Company’s (i) Net Operating Profit for the Performance Period, divided by the sum of (ii) Average Net Working Capital for the four fiscal quarters during the Performance Period and (iii) Average Property, Plant and Equipment for the four fiscal quarters during the Performance Period, each as determined by the Administrator in a manner consistent with the Company’s financial statements.

  • The ------------------ ------------------ preparation of the Closing Statement shall be for the sole purpose of determining the difference between the Net Working Capital on the Closing Date and the Average Net Working Capital.

  • Average Net Working Capital increased by 11.4% to €177.0 million for the full year, which compares favourably to the 31.9% increase in Net Sales.

  • The scope of such firm’s engagement (which shall not be an audit) shall be limited to the resolution of the items contained in the Notice of Disagreement, the Response Notice (if any) and the recalculation, if any, of the Final Adjustment Balance Sheet, the Final Average Net Working Capital, the Final Deferred Revenue Statement or the Final Average Deferred Revenue, as applicable, in accordance with GAAP and the Balance Sheet Rules in light of such resolution.

  • Group executive Nuseed15% of potential was based on Group Nuseed Underlying Earnings before Interest Tax Depreciation & Amortisation (uEBITDA)25% of potential was based on Group Nuseed Underlying Profit Before Tax (uPBT)40% of potential was based on Group Nuseed Average Net Working Capital (ANWC) / Sales For all executives20% of the potential was based on team objectives.When and how are the STI payments determined?Awards are assessed annually at the end of the financial year.

  • Below is - for illustrative purposes only - a calculation of the Adjustment Amount pursuant to Section 2.3(b) of the Agreement, prepared on the basis of the Reference Closing Average Net Financial Debt and examples of the Closing Average Net Financial Debt, the Reference Closing Average Net Working Capital and the Closing Average Net Working Capital.

  • Noted below are the measures used in 2020.All Executive KMP roles (except GE Nuseed)20% of potential was based on Group Underlying Net Profit After Tax (uNPAT)15% of potential was based on Group Selling General Admin expenses/Gross Profit (SGA/GP) 20% of potential was based on Group Average Stock Cover (STC)25% of potential was based on Group Average Net Working Capital (ANWC)/Sales.

  • At the end of the 4rd Quarter, Return on Equity (ROE) is 28%, Average Net Working Capital / Net Sales is 38% and Return on Assets (ROA) is 15%.

  • At the end of the 1st Quarter, Return on Equity (ROE) is 33%, Average Net Working Capital / Net Sales is 44% and Return on Assets (ROA) is 16%.


More Definitions of Average Net Working Capital

Average Net Working Capital for a Supply Year shall mean the Average Working Capital for such Supply Year less the average amount of Payables Extension Memos outstanding for such Supply Year and the term "Interest Factor" shall mean LIBOR (or any successor interest rate) at December 31 of the applicable Supply Year plus 2 1/2%. For the 1994 Supply Year, the "Cap" shall be $18,000,000. The Working Capital Plan for the 1994 Supply Year is attached hereto as Schedule 3.4(c). For the 1994 Supply Year, the parties acknowledge that DM will have an inventory of cans not supplied by Seller. DM shall provide Seller with an estimate (to be adjusted for actual and updated monthly) of such inventory as soon as possible (such cans being the "DM Inventory"). For purposes of calculating DM's Average Working Capital, DM Inventory shall not be used in the inventory of Cans used to calculate DM's Average Working Capital. However, the Working Capital Plan shall assume that DM Inventory by Container specification will be used to meet fill requirements before any such Container specification supplied by Seller is used. For all Supply Years other than the 1994 Supply Year, the Working Capital Plan shall assume the following: if all containers purchased by DM other than from Seller (as provided for herein) are expected to be used for a certain percent of the total fill requirements for such Supply Year, then each month's fill requirements for such Supply Year will be assumed to be met using such certain percent of such containers and the remaining percent using Cans supplied by Seller, unless DM can account for such container usage (excluding any containers purchased from PCP which shall be accounted for as provided above) to the reasonable satisfaction of Seller, in which case each month's fill requirements for such Supply Year will be assumed to be met in accordance with such accounting method.
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Average Net Working Capital means a 13 month average of net working capital for the division. The 13 months used are the 12 months during the Award Period, plus the month of December 2004.
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Average Net Working Capital is defined in Section 2.4(d).
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Average Net Working Capital means the quotient of (i) Net Working Capital, in each case, over the twelve (12) trailing full quarters of the Company during the Performance Period divided by (ii) twelve (12).
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Average Net Working Capital means the (i) sum of the Net Working Capital as calculated on the Closing Balance Sheet and as calculated on the last calendar day of each of the eleven (11) calendar months ending prior to the Closing Date, divided by (ii) twelve (12).
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Related to Average Net Working Capital

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Target Net Working Capital means $0.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Target Working Capital means $0.

  • Target Net Working Capital Amount means $5,000,000.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Target Working Capital Amount means $75,000,000.

  • Net Working Capital Target means $0.00.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.