AVERAGE AGE OF INVENTORY
The average number of days will it consume for a firm to auction to its consumers a particular product which is currently in its possession taken as inventory. The formula for the average age of inventory is: (C/G)365. The C is the inventory's average cost in its current level while G is the amount of goods sold, which is then multiplied by the summed number of days on a year.
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Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Oct | |
| 02:30 | ANZ Jobs Advertisements | Oct | |
| 02:30 | Building Approvals | Sep | |
| 03:45 | Markit Final Manufacturing PMI | Oct | |
| 07:30 | Commodity Prices | Oct | |
| 09:00 | Retail Sales | Sep | |
| 09:30 | Retail Sales | Sep | |
| 10:15 | PMI Manufacturing | Oct | |
| 10:30 | Procure PMI Index | Oct |
