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How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What Is the Formula for Days Sales Outstanding? Is a Higher or Lower Days Sales Outstanding Ratio Better? What is the Average Days Sales Outstanding for a Company? What Is Days Sales Outstanding?
How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s easy to find out by calculating the Days Inventory Outstanding metric, a financial ratio designed to help both management and investors have a better understanding of how quickly inventory can be turned into sales.
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