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Days sales in inventory (DSI) is the number of days it takes a company to sell its inventory. Days sales in inventory is also called days to sell inventory, inventory days, days sales of inventory, and inventory days. Days sales in inventory is calculated by dividing 365 by the company’s inventory turnover: Days sales in inventory = 365 / inventory turnover Inventory turnover = cost of goods sold / average inventory Days sales in inventory (DSI) is inversely related to inventory turnover. A low DSI means high inventory turnover (good for the company). A high DSI means low inventory turnover (bad for the company). To sign up for the email list, click here: http://eepurl.com/dIaa5z To support me on Patreon, click here: https://www.patreon.com/prof_mclaughlin 0:00 Introduction 0:06 How to calculate DSI 0:26 Don't use ending inventory 0:45 Example of DSI calculation 1:38 Inverse relation of DSI to turnover 1:52 Benefits of low DSI 2:11 Disadvantages of high DSI 2:28 Free PDF guide and Excel file — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • A 44-PAGE GUIDE TO U.S. TAXATION • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • MANY MORE FREE PDF GUIDES AND SPREADSHEETS * http://eepurl.com/dIaa5z — SUPPORT EDSPIRA ON PATREON *https://www.patreon.com/prof_mclaughlin — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/ * https://michaelmclaughlin.com

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In this video, you will learn about money laundering, the Introduction to money laundering and the Stages of it. #moneylaundering #dirtymoney #wallstreetmojo #taxhavens #financialcrime Chapters: 00:00 – Introduction 00:31 – What is money laundering? 00:46 – Dirty money 01:27 – Cleaning of dirty money 01:27 – What is Clean money 01:59 – Why is money laundering is bad? 02:06 – No. 1 – Encourages criminals to keep going 02:32 – No. 2 – Harms the society 02:56 – No. 3 – Harms the Economy 03:33 – Stages of money laundering 03:50 – No. 1 – Placement 04:24 – No. 2 – Layering 05:06 – No. 3 – Integration 05:46 – Conclusion What is money laundering? Criminals like Pablo Escobar and ElChapo earn their money through crimes and get their money put into the system through money laundering. So, money laundering is getting dirty money cleaned and put into the system, making it seem like clean money. Dirty money Dirty money is something acquired through illegal means. People who get dirty money cannot show it to the authorities, or they will catch them. Cleaning of dirty money To get dirty money in the bank accounts, they must make it seem clean or legally acquired. Hence, the dirty money gets cleaned. Clean money There are many ways through which one can clean such dirty money. Once cleaned, the money is clean and can be put back into the system without tracing its origins. (Explained in detail in the video) Why is money laundering is bad? Encourages criminals to keep going Once criminals know that their dirty money can be cleaned and put back into the system as clean money, they realize there are no consequences to what they do. Hence, they continue their crimes. Harms the society These criminal activities are only harming society and putting loads of money into the pockets of the criminals. Harms the economy Any harm to society will directly harm the economy. Money laundering covers tax frauds, embezzlements, theft, and other illegal economic activities. (Explained in detail in the video) Stages of money laundering Placement The dirty money is first transferred into a bank account, mostly abroad, in those banks with very strict privacy policies. Layering The money is then divided into chunks and sent into accounts in various countries to make it hard to track by authorities. Integration The money must be brought back into the system and shown as legal. This is done by setting up a business with high cash flow on paper, and the money can be made legal through such tactics. (Explained in detail in the video) So, in this video we covered introduction and stages of money laundering. We hope you have learned much from this video. If you think you did, show it to us by liking the video, commenting, and sharing it with others. We are having another video on Money Laundering: Examples and Prevention . So do subscribe to our channel if you have not yet! We post videos on such topics regularly, so if you don’t want to miss out, subscribe to the channel. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo Hashtags: #moneylaundering #taxevasion #taxhavens #taxfrauds #financialcrime #druglords #dirtymoney #drugmoney #illegalmoney #shellcompanies

Join us on Nov 14 – Nov 16, 2022 for the AICPA & CIMA Expert Witness Skills Workshop and learn how to combine confidence, credibility, and authority with a command of the courtroom. Register before August 30 & save $100! #aicpa #cima #expertwitnessskillsworkshop #aicpaconferences

Join us on Nov 14 – Nov 16, 2022 for the AICPA & CIMA Expert Witness Skills Workshop and learn how to combine confidence, credibility, and authority with a command of the courtroom. Register before August 30 & save $100! #aicpa #cima #expertwitnessskillsworkshop #aicpaconferences

In this video, you will learn what a golden handshake is and some pros and cons of it. #goldenhandshake #employeebenefit #wallstreetmojo #compensation #severancepackage Chapters: 00:00 – Introduction 00:49 – What is a golden handshake? 01:25 – Why do companies have the golden handshake? 01:40 – To convince people to take the risky senior roles 02:05 – To compete with other companies in terms of compensation offered 02:33 – To provide financial stability to employees during unemployment 03:06 – Downsides to the golden handshake 03:14 – Not based on performance 03:46 – Conflict of interest 04:11 – Golden shove 04:44 – Golden handshake vs Golden handcuffs 05:22 – Conclusion (Explained in detail in the video) What is a golden handshake? Companies enter a clause in their employees' employment contracts that the company shall pay the employee a certain amount when they leave the company and are employed no longer by the company. The employee can leave for any reason, and the compensation can be in any form. (Explained in detail in the video) Why do companies have the golden handshake? To convince people to take the risky senior roles. Senior roles in companies come with many responsibilities and require a certain level of risk-taking. (Explained in detail in the video) Many people may not be up for it. That’s why companies provide additional compensation for such roles. (Explained in detail in the video) To compete with other companies in terms of compensation offered. Employees can always get better offers from other companies, and there is always the risk of them joining rival companies. Hence, companies can have a golden handshake with their employees to convince them to stay. (Explained in detail in the video) To provide financial stability to employees during unemployment. Employees who leave the company will not have a salary to live on. The compensation received from the golden handshake can pay the bills while they can look for another job. (Explained in detail in the video) Downsides to the golden handshake Not based on performance The golden handshake does not consider performance. Therefore, even if employees perform badly, they can still walk away with the golden handshake compensation. (Explained in detail in the video) Conflict of interest The golden handshake clause in the employment contract may not encourage employees to perform better, leading to conflict of interest. (Explained in detail in the video) Golden shove Companies may use the golden handshake to make employees leave the company. (Explained in detail in the video) Golden handshake vs. golden handcuffs In a golden handshake, compensation is given to the employee when they leave the company. In golden handcuffs, compensation is given to the employee to remain in the company and not leave. (Explained in detail in the video) So, this was all about the golden handshake, and we hope you liked the video. So, show it to us by liking the video, commenting, and sharing it. Don’t forget to subscribe to the channel so that you don’t miss out on such videos we post regularly. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

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In this video, you will learn about Gambler’s fallacy, its reason, and how to avoid falling for it. #gamblersfallacy #casino #wallstreetmojo #investing #trading Chapters: 00:00 – Introduction 01:33 – What is the gambler's fallacy? 02:05 – Why does gambler's fallacy happen? 02:36 – What is the coin toss example of gambler's fallacy?. 03:58 – What are the Real-life examples of gambler's fallacy? 05:07 – How to avoid the gambler’s fallacy? 05:21 – Conclusion (Explained in detail in the video) Say that you are in a casino and see that the ball has landed on a red number 10 times in a row. You bet money on the ball to land on a red number, but the ball lands on black. You bet money on red again, but the ball again lands on black. (Explained in detail in the video) This cycle goes on 27 times, after which it finally lands on red, but you have already lost all your money. So what went wrong? You fell for the "Gambler’s Fallacy." (Explained in detail in the video) What is the gambler’s fallacy? The gambler’s fallacy is a false belief that something that happened in the past will influence something that happens in the present, even if the two events are independent. This concept is also known as the "Monte Carlo fallacy." (Explained in detail in the video) Why does it happen? The human mind is very tricky and smart. It tries to figure out patterns in the occurrence of events and predict what will happen next. Sometimes this might work, but sometimes events may be so random that we can deduce no good patterns from them. Instead of trying to decide the outcome based on past events, you should rather play the odds. (Explained in detail in the video) How to avoid the gambler’s fallacy? Knowing about it first is the best way to avoid falling for this fallacy. Once you know what the fallacy is and why it happens, the next time you make any decision, you should ask yourself if you are doing that because of Gambler’s fallacy, or are you doing it based plainly on the odds? (Explained in detail in the video) So, this was all about the gambler’s fallacy, and we hope you learn a lot from this video. So, show it to us by liking, commenting, and sharing this video. Also, don’t forget to subscribe to the channel if you don’t want to miss out on such videos we post regularly. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

This video will teach FPO, their types, and why companies have FPOs. #ipo #fpo #wallstreetmojo #shares #stocks Chapters: 00:00 – Introduction 00:40 – What is an FPO? 01:24 – Examples of FPOs 01:54 – Types of FPOs 01:59 – Dilutive FPO 02:26 – Non-Dilutive FPO 02:48 – Reasons for FPO 03:00 – Reason for FPO: To clear debt 03:31 – Reason for FPO: To reduce control of debtors 03:54 – Reason for FPO: To raise more capital 04:12 – Conclusion (Explained in detail in the video) When a company wants to go public and raise capital from the general public, it has an IPO. But, if the company wants to raise more capital after the IPO, it would have an FPO. (Explained in detail in the video) FPO stands for Follow-On Public Offering. IPO and FPO both happen in the primary market while the stock market makes the secondary market. (Explained in detail in the video) Examples of some FPOs In 2018, PolarityTE, which has the ticker COOL on Nasdaq, issued an FPO for about $55 million of equity shares. In 2019, a Chinese company, Huya, completed an FPO of $343 million. (Explained in detail in the video) Types of FPOs There are mainly two types of FPOs based on what kind of shares the company offers, Dilutive FPO and Non-Dilutive FPO. If a company brings in new shares and offers them in the FPO, it is a "Dilutive FPO." On the other hand, if the company is offering already existing shares in the FPO, it is a "Non-Dilutive FPO." (Explained in detail in the video) Reasons for FPO A company would do that for a couple of reasons. To Clear Debt It is very common for companies to take debt to grow, but sometimes the debt may become a burden for them. Hence, companies may raise capital through FPO to pay their debt and reduce liabilities. (Explained in detail in the video) To Reduce Control of Debtors When a company takes debt, the debtors may restrict the company and limit their risk-taking activities. Hence, companies raise capital through FPO, pay back the debt, and regain control over the company's affairs to reduce the debtor's control. (Explained in detail in the video) To Raise More Capital Companies raise capital through IPOs for future expansions and business plans. At times, the capital raised in the IPO may not be enough for them, and they need to have an FPO to raise more capital. So, this was all about "Follow-On Public Offering," and we hope you liked the video. We come up with such videos regularly. If you don't want to miss out on those, subscribe to the channel. Also, don’t forget to like the video and comment on which topics you would like to have a video on. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo