Days Inventory Outstanding (DIO) is a financial metric used to evaluate how efficiently a company manages its inventory. It represents the average number of days it takes for a company to sell its entire inventory. A lower DIO indicates faster turnover and better inventory management, while a higher DIO suggests slower turnover and potentially excess inventory levels.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.