Cash flow · The conversion cycle · Element
The inventory days
How long stock or work in progress is held before it is sold.
The part
What it is
Applies to service businesses as work in progress, where unbilled delivered work is functionally inventory.
It is the component with the widest variation between organisations in the same sector, which makes it worth benchmarking.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.