Cash cycle
How many days pass from when you pay your suppliers until you collect from your customers: those are the days you finance. If it is negative, you collect before you pay.
Calculate it with your figures
It is calculated in your browser: nothing is sent or saved. Use each pair of figures on the same basis: what your customers owe you and credit sales, both with VAT or both without VAT; and the same with what you owe suppliers and purchases.
Enter your figures and you’ll see the result instantly.
How it is calculated
The formula
Days sales outstanding + Days inventory outstanding − Days payable outstanding
An example
| What your customers owe you | 40,000 € |
| Credit sales for the period | 220,000 € |
| Current inventory | 30,000 € |
| Cost of sales for the current period | 170,000 € |
| What you owe suppliers | 22,000 € |
| Purchases for the period | 170,000 € |
With figures from a year (360 days).
65.5 + 63.5 − 46.6 = 82 days
All your indicators, with your data
In the full calculator you get all 30 indicators, free and with no sign-up, with export to Excel. With a free account you also get My cash: your 8-week cash forecast with your real invoices and what to do first.
More working capital indicators
Informational support tool; it does not constitute financial, accounting or tax advice.