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 Report 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

• We measure liquidity using eight variables: Quick Ratio, Current Ratio, Inventory to Cash Days, Accounts Payable Turnover Days, Cash Ratio, Working Capital Ratio, Cash and Cash Equivalents to Current Assets and Cash to Total Assets.Leverage shows the capital structure of a company.

• Borrower shall not permit its Inventory Turnover Days to be more than 120 days, as calculated annually on the anniversary of this Agreement.

• The Contrary to the negotiations on the TPP, tobacco is not perceived as a questionable commodity in negotiating the TTIP.

• This was mainly due to the Group’s effective control over its trade and bills receivables.Inventory Turnover Days The Group’s inventory turnover days as at the end of 2022 was 88 days, representing an increase of 8 days as compared to the end of 2021.

• Cost of goods sold/ Inventory = Inventory Turnover Days Inventory RatioThe days in inventory looks like the average collections period and is calculated the same way, by dividing the days in the year by the turnover ratio.

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, thirty multiplied by the quotient of:

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

Turnover Days means, at any time, that number of days calculated in the most recent Settlement Statement for the Receivables in accordance with the following formula: x y TD = (UB + UB ) X 1 X ED ----------- --- 2 NR where: TD = the Turnover Days for the Receivables;

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.

Turnover Days means, with respect to any Settlement Period, the product obtained by multiplying (a) the quotient obtained by dividing (i) the Net Pool Balance as of the first day of such Settlement Period by (ii) the aggregate amount of Collections received on Sold Receivables during such Settlement Period by (b) the number of days in such Settlement Period.

Turnover Days means, as calculated in any Purchase Report, that period (expressed in days) calculated as the product of (a) the quotient of (i) the aggregate Outstanding Balance of Receivables originated by the Originator as of the last day of the calendar month which occurs two months prior to the month to which the Purchase Report relates, divided by (ii) the aggregate amount of the Collections received during the prior calendar month, multiplied by (b) the number of days in the prior calendar month.