Related Words

Arbor Day: The Latin word arbor means tree. J. Stanley Morton, in the 19th century in Nebraska came up with the idea of planting trees as a way to celebrate spring growth in his nearly treeless state. . . . View Full Definition

Notice Day: A day on which notices of intent to deliver pertaining to a specified delivery month may be issued. Related: Delivery notice.

Number Of Days Of Inventory On Hand: An alternative measure of how well inventory is being managed: computed by dividing 365 days by the inventory turnover ratio.

Number Of Days Sales In Receivables: A measure of the average number of days it takes to collect a credit sale: computed by dividing 365 days by the accounts receivable turnover.