What is Work-in-Progress Days?
Work-in-Progress Days is defined as: Average number of days between work being performed and invoiced. Longer WIP ties up cash flow unnecessarily.
What data source is used to measure Work-in-Progress Days?
Work-in-Progress Days is typically measured using data from a Project Accounting. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Typical Data SourceProject Accounting
Which industries track Work-in-Progress Days?
Work-in-Progress Days is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Work-in-Progress Days?
Firehawk Analytics connects directly to your Project Accounting and delivers a live Work-in-Progress Days dashboard. Configuration is completed within 48 hours — no data analyst required on your team.