DIO and EC: Difference between pages

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imported>Doug Williamson
(Correct spelling.)
 
imported>Doug Williamson
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Days Inventory Outstanding.
1. ''Technology.''


A working capital management ratio calculated by dividing inventory outstanding at the end of a time period by the average daily cost of goods sold for the period.
Electronic Commerce.
For example: a company holds on average £30,000 of stock over a year. It sells £300,000 of goods per annum.  


The DIO is:


30,000 / 300,000 * 365 = 36.5 days
2. ''European Union.''


European Commission.


A lower number of days is usually considered desirable, because it is a quick measure of the amount of stock held, although the business must also gauge the amount of stock required to meet customers’ delivery expectations.


3. ''European Union.''


Also known as inventory days.
European Community.
 
 
4. ''Professional development.''
 
Executive coaching.




== See also ==
== See also ==
* [[Cost of goods sold]]
* [[Electronic commerce]]
* [[Creditors]]
* [[European Commission]]
* [[DPO]]
* [[European Community ]]
* [[DSO]]
* [[Executive coaching]]
* [[Inventory]]
* [[Operating cycle]]
* [[Payables management]]


[[Category:Technical_skills]]
[[Category:Commercial_drive_and_organisation]]
[[Category:Context_of_treasury]]
[[Category:Influencing]]
[[Category:Corporate_financial_management]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 16:33, 25 March 2021

1. Technology.

Electronic Commerce.


2. European Union.

European Commission.


3. European Union.

European Community.


4. Professional development.

Executive coaching.


See also