Accounting Discussion Questions

Accounting
Tutor: None Selected Time limit: 1 Day

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?

Jan 15th, 2015

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 days



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Jan 15th, 2015

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