Domino’s Pizza, Inc. had 5,486 franchised restaurants in the United States and 85 in international markets as of December 30, 2018. Signet Jewelers Limited claims to be the world’s largest retailer of diamond jewelry. Its stores include Zales, Jared, Kay Jewelers, and Piercing Pagoda. As of February 2, 2019, it had 3,334 retail outlets.
The following data were taken from these companies’ 2018 annual reports. All dollar amounts are in millions.

Required
a. Before performing any calculations, speculate as to which company will take the longest to sell its inventory. Explain the rationale for your decision.
b. Calculate the inventory turnover ratios for Domino’s and Signet.
c. Calculate the average days to sell inventory for Domino’s and Signet.
d. Do the calculations from Requirements b and c confirm your speculations in Requirement a?

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Revenue Cost of goods sold Net income Merchandise inventory Domino's Pizza December 30, 2018 $3,433 2,130 362 46 Signet Jewelers February 2, 2019 $6,247 4,086 (657) 2,387