Origin of Woolf, Meaning of Woolf. Origin: The Woolfolk family originated in Wales. The family raised sheep in Wales. Instead of adopting the name 'Shepherd' as a typical Anglo-Saxon 'use name' for the family, they chose the surname 'Woolfolk'.
Sell through % = units sold / (units sold + on hand inventory). Sell-through is a percentage of units sold during a period (for example 1 month). It is calculated by dividing the number of units sold by the beginning on-hand inventory (for that same time period).
(1) cost of sales per day 739.4 Ã· 365 = 2.0 (2) average inventory 2005 536.0 + 583.7 = 1,119.7 Ã· 2 = 559.9 (3) days inventory outstanding 559.9 Ã· 2.0 = 279.9 DIO gives a measure of the number of days it takes for the company's inventory to turn over, i.e., to be converted to sales, either as cash or accounts receivable.