# average days in inventory

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**Average Age Of Inventory**— The average number of days it takes for a firm to sell a product it is currently holding as inventory to consumers. The formula to calculate the average age of inventory is C/G x 365, where C is the average cost of inventory at its present level… … Investment dictionary**Days in inventory**— Days in inventory(DII) is an efficiency ratio that measures the average number of days the company holds its inventory before selling it. The formula for DII is: where the average inventory is the average of inventory levels at the beginning and… … Wikipedia**Inventory**— means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… … Wikipedia**Inventory turnover ratio**— is one of the Accounting Liquidity ratios, a financial ratio. This ratio measures the number of times, on average, the inventory is sold during the period. Its purpose is to measure the liquidity of the inventory. A popular variant of the… … Wikipedia**Days payable outstanding**— (DPO) is an efficiency ratio that measures the average number of days a company takes to pay its suppliers. The formula for DPO is: where ending A/P is the accounts payable balance at the end of the accounting period being considered and COGS/day … Wikipedia**Days sales outstanding**— In accountancy, Days Sales Outstanding (also called Days Receivables) is a calculation used by a company to estimate their average collection period. A low number of days indicates that the company collects its outstanding receivables quickly.… … Wikipedia**Days Sales Of Inventory - DSI**— A financial measure of a company s performance that gives investors an idea of how long it takes a company to turn its inventory (including goods that are work in progress, if applicable) into sales. Generally, the lower (shorter) the DSI the… … Investment dictionary**Inventory Turnover**— A ratio showing how many times a company s inventory is sold and replaced over a period. the The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand or inventory… … Investment dictionary**Days' sales in inventory ratio**— The average number of days worth of sales that is held in inventory. The New York Times Financial Glossary … Financial and business terms**days' sales in inventory ratio**— The average number of days worth of sales that is held in inventory. Bloomberg Financial Dictionary … Financial and business terms**number of days' stock held**— A ratio that measures the average number of days stock held by an organization. To obtain an accurate measure the following formula should be used for each commodity: (number of units in stock × 365)/stock usage in units per annum. The number of… … Accounting dictionary