Inventory days and Ransomware: Difference between pages

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''Financial ratio analysis - management efficiency ratios.''
''Cyberthreat''.


Inventory days is 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.  
Ransomware is a form of malware which locks a computer or encrypts data or threatens to disclose confidential data.


A ransom is then demanded for unlocking or providing the encryption key.
For example: a company holds on average £30,000 of stock over a year. It sells £300,000 of goods per annum.  


The inventory days are:


(30,000 / 300,000) x 365
==See also==
*[[Cyber security]]
*[[Cyberthreat]]
*[[Malware]]
*[[Phishing]]
*[[Spoofing]]
*[[Whaling]]


= 36.5 days
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
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.
[[Category:Risk_reporting]]
 
[[Category:Technology]]
 
Also known as Days inventory outstanding (DIO).
 
 
== See also ==
* [[Cost of goods sold]]
* [[Creditors]]
* [[DPO]]
* [[DSO]]
* [[Inventory]]
* [[Inventory turnover]]
* [[Management efficiency ratio]]
* [[Net working capital days]]
* [[Operating cycle]]
* [[Payables management]]
* [[Working capital]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 22:55, 14 August 2021

Cyberthreat.

Ransomware is a form of malware which locks a computer or encrypts data or threatens to disclose confidential data.

A ransom is then demanded for unlocking or providing the encryption key.


See also

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