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GAAP
Generally Accepted Accounting Principles, a framework of accounting standards, rules, and conventions used in the United States for financial reporting.
Reportable Segments
Distinct parts of a business that are specifically identified for reporting purposes due to their operations’ financial results being regularly reviewed by the company's decision-makers.
Debt Ratio
A financial ratio that measures the extent of a company's leverage, calculated by dividing total liabilities by total assets.
Inventory Turnover
A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of the company in managing and selling its stock.
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