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Financial Terms | |
Days' sales outstanding |
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Definition of Days' sales outstandingDays' sales outstandingAverage collection period.
Related Terms:Accounts Payable Days (A/P Days)The number of days it would take to pay the ending balance Accounts Receivable Days (A/R Days)The number of days it would take to collect the ending Average collection period, or days' receivablesThe ratio of accounts receivables to sales, or the total Conditional sales contractsSimilar to equipment trust certificates except that the lender is either the Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Cost of salesThe manufacture or purchase price of goods sold in a period or the cost of providing a service. Days in receivablesAverage collection period. ![]() Days' sales in inventory ratioThe average number of days' worth of sales that is held in inventory. Days StatisticsMeasures the number days' worth of sales in accounts receivable (accounts receivable dollar days (of inventory)a measurement of the value of inventory for the time that inventory is held Domestic International Sales Corporation (DISC)A U.S. corporation that receives a tax incentive for Foreign Sales Corporation (FSC)A special type of corporation created by the Tax Reform Act of 1984 that Gross salesThe total sales recorded prior to sales discounts and returns. Inventory DaysThe number of days it would take to sell the ending balance in inventory at the Net salesTotal revenue, less the cost of sales returns, allowances, and discounts. NET SALES (revenue)The amount sold after customers’ returns, sales discounts, and other allowances are taken away from NUMBER OF DAYS SALES IN RECEIVABLES(also called average collection period). The number of days of net sales that are tied up in credit sales (accounts receivable) that haven’t been collected yet. Outstanding share capitalIssued share capital less the par value of shares that are held in the company's treasury. Outstanding sharesShares that are currently owned by investors. Outstanding sharesThe number of shares that are in the hands of the public. The difference between issued shares and outstanding shares is the shares held as treasury stock. outstanding sharesShares that have been issued by the company and are held by investors. percentage of sales modelsPlanning model in which sales forecasts are the driving variables and most other variables are Price/sales ratio (PS Ratio)Determined by dividing current stock price by revenue per share (adjusted for stock splits). RATIO OF NET INCOME TO NET SALESA ratio that shows how much net income (profit) a company made on each dollar of net sales. Here’s the formula: RATIO OF NET SALES TO NET INCOMEA ratio that shows how much a company had to collect in net sales to make a dollar of profit. Figure it this way: return on salesThis ratio equals net income divided by sales revenue. SalesAmounts earned by the company from the sale of merchandise or services; often used interchangeably with the term revenue. Sales allowanceA reduction in a price that is allowed by the seller, due to a problem Sales chargeThe fee charged by a mutual fund when purchasing shares, usually payable as a commission to Sales discountA reduction in the price of a product or service that is offered by the Sales discountsA contra account that offsets revenue. It represents the amount of the discounts for early payment allowed on sales. Sales forecastA key input to a firm's financial planning process. External sales forecasts are based on Sales journalA journal used to record the transactions that result in a credit to sales. Sales mixThe mix of product/services offered by the business, each of which may be aimed at different customers, with each product/service having different prices and costs. sales mixthe relative combination of quantities of sales of the various products that make up the total sales of a company Sales returnsA contra account that offsets revenue. It represents the amount of sales made that were later returned. Sales Revenue Revenue recognized from the sales of products as opposed to the provision ofservices. Sales TaxA tax levied as a percentage of retail sales. Sales-type leaseAn arrangement whereby a firm leases its own equipment, such as IBM leasing its own Sales-type LeaseLease accounting used by a manufacturer who is also a lessor. Up-front gross Sales value at split-offA cost allocation methodology that allocates joint costs to joint sales value at split-off allocationa method of assigning joint cost to joint products that uses the relative sales values of the products at the split-off point as the proration basis; use of this method requires that all joint products Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |