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While we have actually generally been effective in alleviating these supply chain difficulties, provider parts lacks lowered our production rates in the Fire & Emergency section throughout the third quarter of financial 2020, and it is possible that a part or part shortage could restrict our production in the future. Consolidated days sales impressive (defined as "Trade Receivables" at quarter end divided by "Net Sales" for the most current quarter increased by 90 days) was 41 days at September 30, 2020, compared to 40 days at September 30, 2019. Days sales outstanding for sectors besides the Defense section was 50 days at September 30, 2020, up slightly from 49 days at September 30, 2019. Consolidated inventory turns (defined as "Cost of Sales" on an annualized basis, divided by the average "Inventory" at the past 5 quarter end durations) decreased from 5.2 times at September 30, 2019 to 3.8 times at September 30, 2020 mostly as an outcome of greater inventory levels in the Access Equipment sector stemming from the abrupt decrease in client need as a result of the COVID-19 pandemic and greater levels of crucial basic materials in all segments to reduce scarcities in case of a provider shutdown due to the COVID-19 pandemic.
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The Company's operations teams kept strong effectiveness while effectively browsing through many supplier shutdowns in financial 2020 to continue production with no significant supplier-induced line stoppages. The Defense sector successfully navigated through many provider shutdowns by re-sourcing crucial components and dealt with workforce issues with social distancing and increased cleansing frequency to make it possible for ongoing production. Defense section. Oshkosh Defense produces heavy- and medium-payload, Mine Resistant Ambush Protected (MRAP) and light-payload tactical wheeled automobiles for the military and security forces worldwide. Armed Services to establish brand-new applications for its vehicles and broaden its services. The Company produces defense trucks under the "Oshkosh" trademark name and is a leading designer and maker of severe-duty, tactical wheeled lorries for the DoD. Commercial - refuse collection cars and concrete mixers sold to ready-mix companies and municipal and business waste haulers in the Americas and other global markets and field service cars and truck-mounted cranes offered to mining, building and construction and other companies in the U.S. In the Company's Access Equipment and Commercial segments, company tends to be seasonal with an increase in sales taking place in the spring and summertime that make up the standard construction season in the northern hemisphere.
The Company plans to continue to pursue vertical combination opportunities to more boost its competitive advantages. Under the marketplace approach, the Company derives the reasonable value of its reporting units based upon revenue and incomes multiples of similar publicly-traded companies. Under the units-of-delivery technique, the Company tape-recorded sales as systems were accepted by the DoD, usually based on system sales worths stated in the particular agreements. The Company's estimates are based upon historical experience, the extent of pre-production screening, the variety of systems involved and the extent of features/components included in item designs. We examine the collectability of open accounts, finance receivables, philipina dating site notes receivable and our warranties of insolvency of others based upon a combination of elements and develop reserves based upon our quotes of potential losses. Resulting translation changes are consisted of in "Accumulated other extensive loss." Foreign currency transaction gains or losses are included in "Miscellaneous, net" in the Consolidated Statements of Income. We may incur losses in excess of our taped reserves if the monetary condition of our clients were to deteriorate or the total of any awaited earnings from the sale of the collateral supporting our clients' financial commitments is not understood. A few of these clients are highly leveraged.
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Consolidated days sales impressive (specified as "Trade Receivables" at quarter end divided by "Net Sales" for the most recent quarter increased by 90 days) was 41 days at September 30, 2020, compared to 40 days at September 30, 2019. Days sales impressive for dating sites in the philippines segments other than the Defense segment was 50 days at September 30, 2020, up a little from 49 days at September 30, 2019. The Defense sector effectively navigated through numerous provider shutdowns by re-sourcing critical elements and attended to workforce issues with social distancing and increased cleaning frequency to allow continued production. Defense section. Under the units-of-delivery method, the Company tape-recorded sales as units were accepted by the DoD, generally based on system sales values stated in the particular agreements.
