Walmart Inventory turnover number and the number of days to sell inventory. What does the Number of Average Days to Sell Inventory report/ tell you?
Wal-Mart's 2011 Inventory turnover ratio was 7.98.Average days to sell inventory = 365/(Inventory turnover ratio) =365/7.98 = 45.73 or 46 daysPlease appreciate my help by selecting my answer as the best . Thanks
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