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Discount Lost Formula

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Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early. Check FAQs

DL = (\frac{D%}{100 - D%}) \cdot (\frac{365}{F - L})

DL - Discount Lost?D% - Discount Percentage?F - Final Payment Date?L - Last Discount Date?

Discount Lost Example

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With units

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Here is how the Discount Lost equation looks like with Values.

Here is how the Discount Lost equation looks like with Units.

Here is how the Discount Lost equation looks like.

1.1E-5 = (\frac{3}{100 - 3}) \cdot (\frac{365}{24 - 12})

1.1E-5 = (\frac{3}{100 - 3}) \cdot (\frac{365}{24d - 12d})

1.1E-5 = (\frac{3}{100 - 3}) \cdot (\frac{365}{24 - 12})

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Discount Lost Solution

Follow our step by step solution on how to calculate Discount Lost?

FIRST Step Consider the formula

DL = (\frac{D%}{100 - D%}) \cdot (\frac{365}{F - L})

Next Step Substitute values of Variables

∴

DL = (\frac{3}{100 - 3}) \cdot (\frac{365}{24d - 12d})

Next Step Convert Units

∴

DL = (\frac{3}{100 - 3}) \cdot (\frac{365}{2.1E+6s - 1E+6s})

Next Step Prepare to Evaluate

∴

DL = (\frac{3}{100 - 3}) \cdot (\frac{365}{2.1E+6 - 1E+6})

Next Step Evaluate

∴

DL = 1.08879820542192E-05

LAST Step Rounding Answer

∴

DL = 1.1E-5

Discount Lost Formula Elements

Variables

Discount Lost

Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early.

Symbol: DL

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Discount Lost

Discount Percentage

A Discount Percentage is the discount offered as a percentage.

Symbol: D%

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Discount Percentage

Final Payment Date

Final Payment Date is the total number of days required to complete the final payment.

Symbol: F

Measurement: TimeUnit: d

Note: Value should be greater than 0.

Formulas to find Final Payment Date

Last Discount Date

Last Discount Date is the number of days to reach the last date of the discount.

Symbol: L

Measurement: TimeUnit: d

Note: Value should be greater than 0.

Formulas to find Last Discount Date

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Go Shareholders' Equity given Share Capital, Retained Earnings and Treasury Shares

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How to Evaluate Discount Lost?

Discount Lost evaluator uses Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)) to evaluate the Discount Lost, Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early. Discount Lost is denoted by DL symbol.

How to evaluate Discount Lost using this online evaluator? To use this online evaluator for Discount Lost, enter Discount Percentage (D%), Final Payment Date (F) & Last Discount Date (L) and hit the calculate button.

FAQs on Discount Lost

What is the formula to find Discount Lost?

The formula of Discount Lost is expressed as Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)). Here is an example- 1.1E-5 = (3/(100-3))*(365/(2073600-1036800)).

How to calculate Discount Lost?

With Discount Percentage (D%), Final Payment Date (F) & Last Discount Date (L) we can find Discount Lost using the formula - Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)).

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Discount Lost Formula

Discount Lost Example

Discount Lost Solution

Discount Lost Formula Elements

Other formulas in Basics of Financial Accounting category

How to Evaluate Discount Lost?

FAQs on Discount Lost

Variable Name