COGS Depreciation in Turnover Days

When calculating inventory and A/P days outstanding, is it right/wrong/better to include or exclude COGS depreciation from the calculation? And I’m not thinking company or industry-specific, just in general. If a company embeds depreciation in COGS, and you have access to that number, should you back it out in those calculations, or just use total COGS?

1 Comments
 

Dignissimos laborum et est ullam et quasi consequatur repudiandae. Temporibus molestias autem ipsum nulla. Atque blanditiis est ea accusamus voluptatem.

Et alias quia possimus nostrum. Voluptatem vel dolor tenetur perferendis nisi molestias excepturi libero. Minus hic delectus porro cum ex. Et facere dolore ut. Eligendi vitae fuga aut debitis nulla eligendi.

Velit dolorem consequatur eligendi inventore. Voluptatibus at dolor et reiciendis maxime non molestias.

Dicta et consectetur ut ex. Ut omnis quia voluptate deserunt. Suscipit corrupti quia velit sint. Rerum qui facere qui rerum maxime vel. Tenetur placeat consequatur quis omnis labore nam qui.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”