days working capital |
|
Definition
Average number of days a firm takes to convert working capital into sales revenue. Fewer the number of days, more efficient the use of working capital. Formula: Average working capital x 365 ÷ sales revenue.
email to a friend
print this definition
cite this definition
link to this page
days working capital is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/days-working-capital.html