![]() However, a high-volume inventory is not all bad for businesses. ![]() If a company shows too much inventory, it can indicate that it’s invested poorly. In contrast, a large DOH value shows that the company is struggling to clear its stock. Ideally, it means that the company is using its inventory more efficiently and frequently, which can result in potentially higher profit. As stated earlier, a smaller DOH means the company is performing better. Breaking Down Days of Inventory on Handīy computing the Days of Inventory on Hand, a company is able to know just how long its cash remains tied up in its stock. The DOH is a very important measure for financial analysts and potential investors because it shows how capable a company is of managing its inventory efficiently. If a business is performing well, then it should report a low DOH, which indicates that it takes a short period to clear inventory. Since it’s used to determine the number of days that the inventory remains in stock, the DOH value represents the inventory liquidity. It is also known as days inventory outstanding (DIO) and is interpreted in a number of ways. If you do not make a payment on time, you will be charged a late fee (see terms for details).Updated FebruWhat is Days of Inventory on Hand (DOH)?ĭays of Inventory on Hand (DOH) is a metric used to determine how quickly a company utilizes the average inventory available at its disposal.Pay your promo balance in full before the end of the promo period to avoid interest.How do I avoid paying interest or minimize the interest paid? To avoid paying interest, be sure to pay your promo balance by the promo expiration date.Although interest will accrue at the standard rate applicable to your account, it will only be assessed and added to your account as a lumpsum at the end of the promo period if the promo balance is not paid in full by the promo expiration date shown on your statement.Interest will be charged to your account from the purchase date if the promo balance is not paid in full within the promo period.What is the Interest Rate and will it change? There will be information on your billing statement about how long it will take to pay off your promo balance if you only make minimum payments.How long will it take to pay off my purchase? If you want to ensure that your promo balance is paid before the end of the promo period (to avoid interest), you should schedule additional or larger payments accordingly.It is very important to note that the required minimum monthly payments may or may not pay off your promo balance by the end of the promo period.Minimum monthly payments, based on a percentage of your account balance or a minimum amount, are required in accordance with the standard account terms.Existing cardholders: See your credit card agreement terms. ![]() For New Accounts: purchase APR is 29.99%. Regular account terms apply to non-promo purchases and, aöer promo period ends, to the promo balance. The required minimum monthly payments may or may not pay off the promo balance before the end of the promo period, depending on purchase amount, promo length and payment allocation. If you do not, interest will be charged on the promo balance from the purchase date. ![]() No interest will be charged on the promo balance if you pay it off, in full, within the promo period. Qualifying purchase amount must be on one receipt. Interest will be charged to your account from the purchase date if the promotional balance is not paid in full within 6 Months. On purchases of $199 or more made with your Synchrony Car Care™ credit card. No Interest if Paid in Full within 6 Months*
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