Cash Gap Days Worksheet Place Mouse here

for instructions Annual Daily

Annual Sales $25,000,000 $68,493

Gross Margin 11%

Cost of goods(Material, labor, subcontractors) $22,250,000 $60,959

Month Gap Month Gap Month Gap Three Month

Month Ending Balance One Days Two Days Three Days Average

Inventory $500,000 8 $650,000 11 $850,000 14 $666,667 11

Cost in Excess $1,000,000 16 $1,200,000 20 $1,750,000 29 $1,316,667 22

Accounts Receivable $3,500,000 51 $3,750,000 55 $3,900,000 57 $3,716,667 54

Billings in excess $1,000,000 (15) $500,000 (7) $250,000 (4) $583,333 (9)

Accounts Payable $2,300,000 (38) $2,100,000 (34) $1,900,000 (31) $2,100,000 (34)

CASH GAP DAYS 23 43 65 44

Average Cost per day $60,959

Cash Gap Days 23 43 65 43.83

Amount of Money $1,425,000 $2,642,500 $3,948,500 $2,672,000

that needs to be borrowed

Borrowing rate 8.5% 8.5% 8.5% 8.5%

Borrowing Cost per day $332 $615 $920 $622

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Before Changing days you must run a macro;
Hold Ctrl + p, col. E = F, if you did it right

Month Ending Balance Average

Thousands
Inventory $667 + 11 11

Cost in Excess $1,317 + 22 22

Accounts Receivable $3,717 + 54 54

Billings in excess $583 - 9 9

Accounts Payable $2,100 - 34 34

CASH GAP DAYS 44 44

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call for password if you need it
There are some rounding issue involved with this spreadsheet
none are material, it has to do with the way the days round.

Average Cost per day $60,959

Cash Gap Days 44

Amount of Money $2,672,000

that needs to be borrowed

Borrowing rate 8.5%

Revised Borrowing cost per day $622
Actual Borrowing cost per day $622
Annualized Savings $-