Examlex
ETHOS,or reason,is "the study of orderly thinking,the sequence and connection of thoughts and ideas as they relate to one another."
Operating Cycle
The operating cycle is the amount of time it takes for a company to purchase inventory, sell it to customers, and collect the cash from these sales, reflecting the efficiency of a company's operations.
Accounts Receivable Period
The average number of days that a company takes to collect payments from its credit sales.
Inventory Period
The duration of time it takes for a company to turn its inventory into sales, typically measured in days.
Operating Cycle
The average period of time between the purchase of goods and services for production and the receipt of cash from sales of the final products.
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