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Articles on Trending Technologies
Technical articles with clear explanations and examples
How to Calculate Operating Cycle of a Bank?
What is an Operating Cycle?An operating cycle is the time needed to convert sales into cash after converting the resources into inventories. In fact, no company generates sales after the production of a good instantly. It has to wait for some time to sell the goods in the market after purchasing raw materials and other necessary items and producing the finished goods.The operating cycle of a manufacturing company has the following three phases −Acquisition of resources − This is the beginning phase where raw materials used for the finished products are resourced and collected.Manufacturing of the product − This is ...
Read MoreTemporary Working Capital vs Permanent Working Capital
The major differences between Temporary and Permanent working capital are as follows −Based on NeedsTemporary and permanent working capital differ in terms of their need. The permanent working capital is a fixed amount of working capital that is kept fixed for the long-term needs of the business. The temporary working capital, on the other hand, is meant for day-to-day, short-term expenses.Temporary working capital is an additional amount of capital kept reserved above the permanent working capital. Therefore, permanent working capital is a large amount of capital while temporary capital is a smaller amount of capital.Based on UsageTemporary working capital is ...
Read MoreHow to Calculate a Manufacturing Company's Operating Cycle?
The operating cycle is the time required for converting sales into cash after converting resources into inventories. The operating cycle of a manufacturing firm is different from non-manufacturing companies because manufacturing companies need to resource raw materials and convert them into finished goods. While non-manufacturing companies can go directly from the acquisition of services or products to sales, manufacturing companies need to consider the time required for manufacturing the goods. So, generally, the operating cycle of a company is more prolonged than non-manufacturing companies.The operating cycle of a manufacturing company is made up of three phases −Acquisition of Raw materials ...
Read MoreGross Operating Cycle Vs Net Operating Cycle
An operating cycle is the time needed to convert sales into cash after converting the resources into inventories. In fact, no company generates sales after the production of a good instantly. It has to wait for some time to sell the goods in the market after purchasing raw materials and other necessary items and producing the finished goods.An operating cycle is divided into two types as follows −Gross Operating Cycle (GOC).Net Operating Cycle (NOC).Here’s more about GOC and NOC and their differences.Gross Operating CycleThe gross operating cycle of a firm can be expressed as the Inventory conversion period (ICP) plus ...
Read MoreSustainable Growth Model for a Multiproduct Company
What is Sustainable Growth?Sustainable growth is a percentage measure of yearly growth in sales that is in sync with the firm’s financial policies meaning no fresh equity is issued. For a multiproduct company, sustainable growth can be calculated by the company’s growth at the corporate level in terms of growth of assets. Usually, companies set their target growth in terms of sales. To grow sales, the company needs to invest funds in assets. This investment can either be sourced from external sources or provided by the internal resources of a company.Therefore, the assets of a company will grow by an ...
Read MoreDifference between EMF and Voltage
EMF and Voltage are the two fundamental aspects of electrical and electronics engineering. They may appear as same, but they are different electrical quantities. In order to understand the difference between EMF and voltage, we first need to understand their meaning.What is EMF?EMF stands for Electromotive Force. The measure of energy the power source (ex. Battery) gives to each Coulomb of charge is known as EMF of the power source or battery. The EMF is denoted by letter ‘E’. The SI unit of EMF is the same as the voltage, which is Volts.The EMF is the factor which creates and ...
Read MoreDifference between Conduction and Convection
Both conduction and convection are modes of heat transfer from one system to another. When there is a difference in the temperature of two systems, then the transfer of heat takes place from the system of higher temperature to the system of lower temperature.In practice, this transfer of heat takes place in three different modes viz. conduction, convection and radiation. But, in this article, we will only discuss about conduction and convection and how they are different from each other.What is Conduction of Heat?When the transfer of heat takes place from one part of the substance to another part without ...
Read MoreDifference between Battery and Capacitor
Both Battery and Capacitor seem to be similar in the first glance because they store and release the electric energy, but there are many differences between them which we are going to highlight in this article.One of the most significant differences between a battery and a capacitor is that a battery stores electrical energy in the form of chemical energy and again converts it into electrical energy when required, while a capacitor stores electrical energy in the form of electrostatic field.What is a Battery?A battery is a device which is used as the source of energy in electrical and electronic ...
Read MoreWhat is Data Loss Prevention (DLP)? (Types, Importance, How Does It Work?
Data Loss Prevention (DLP) refers to the cybersecurity measures and safeguards that individuals and corporations employ to prevent and identify data loss on their networks, whether as a consequence of data breaches, malware attacks, or other means. While ordinary Internet users should be interested in DLP to safeguard their personal data and devices, corporations are investing in DLP to secure their data in accordance with government laws.DLP technologies perform both content inspection and contextual analysis of data sent via messaging applications like email and instant messaging, in motion over the network, in use on a managed endpoint device, and at ...
Read MoreWhat is Cyber Terrorism? How is it different from Hacktivism?
The US Federal Bureau of Investigation defines "cyberterrorism" as a deliberate attack on a computer system, computer data, programs, or other material with the express purpose of inflicting violence on clandestine operatives and subnational groups.Cyberterrorism is defined as the use of computer technology to commit acts of terrorism. We must first distinguish between "crime" and "terrorism" because they are similar in certain ways, and both attack societies' capacity to maintain internal order.Terrorism is "political, " whereas crime is "personal".Individuals commit crimes for various reasons, the most significant of which are personal gains and the desire to mentally and/or physically injure ...
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