Days in inventory Wikipedia

While there is not necessarily one perfect DSI, companies typically try to keep low days sales in inventory. A lower DSI indicates that inventory is selling more quickly, which is usually more profitable than the alternative. Irrespective of the single-value figure...

Accounts Payable Turnover: Definition, Ratio & More

The simplest way to get the average AP is to take the AP balance at the beginning of the period plus the AP balance at the end of the period and divide by 2. The accounts payable turnover ratio is a short-term liquidity measure used to quantify the rate at which a...

Accounts Payable Turnover Ratio: Definition, How to Calculate

This key performance indicator can quickly give you insight into the health of your relationships with your vendors, among other things. But, since the accounts payable turnover ratio measures the frequency with which the company pays off debt, a higher AP turnover...

Accounting for Photographers Made Easy

I love the fact that Zoho Books runs a simple and open pricing policy. Unlike other providers like Netsuite that do not publicly display their pricing plans but rather require you to get in touch for a quote, Zoho Books runs an open pricing system. Coupled with its...