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

  • Working Capital Turns is based on average working capital amounts and annualized sales based on the last 3 months of the year.

  • 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.

  • 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.

  • The threshold is calculated based on achieving 80% of the adjusted EBITDA target for the year ended December 31, 2015, which would result in a payout of 25% of target, multiplied by the lowest possible Working Capital Turns multiplier, which was 0.8. The result would be an overall MICP payout of 20% of target.

  • The Party successfully invoking this Clause is relieved from its duty to perform its obligations under the contract and from any liability in damages or from any other contractual remedy for breach of contract, he written notice shall be givenwithin [24hours] of becoming aware of its inability to perform the Contract due to Force Majeure and will make every effort to avoid or remedy the cause of Force Majeure..

  • Annual Incentive Plan Performance Targets and Achievement Name and Principal Position Annual Incentive Plan Measure Weight of Measure Annual Incentive Plan Target ($000) Annual Incentive Plan Payout Factor* Working Capital Turns Target Working Capital Turns Achivement Cash Flow Multiplier Target Cash Flow Multiplier Achievement Award Payout E.


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.

Related to Working Capital Turns