Days Sales Outstanding

What is Days Sales Outstanding?

Depending on your position in your company, you might see a lot of sales revenue coming into the organization. But when will the the company actually able to use it? Today’s finance phrase can help you find out. Days sales outstanding … Read More »

Why Finance is the Language of Business | Income Outcome

Why Finance is the Language of Business

There is an astonishing phenomenon that occurs in business. It happens when different departments get together to talk about finance. It is this: People sometimes use different words to refer to the same thing… Operating Income (or Operating Profit) is … Read More »

Business Acumen for Absolutely Everybody

The Economist has a recent article (“Revisiting Ricardo”) on the reasons behind the growing economic inequalities within the poorest countries. One point discussed is that better educated and better skilled individuals are able to connect with individuals and companies in … Read More »

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