Weighted Average DPO definition

Weighted Average DPO means the sum, across all accounts payable outstanding as of the measurement date, excluding any payable related to the acquisition of the Takisawa CNC Lathes, of a calculation for each account payable equal to (a) the dollar amount of the account payable, times (b) the number of days from the account payable invoice dated to the measurement date, divided by (c) 365.