Days’ sales outstanding: Sliver Computing, Inc., reported the following balance sheet information for the last fiscal year. Sliver Computing also reported cost of goods sold of $291,240 for the same period.

Internal auditors state that the firm’s cash conversion cycle is 21.53 days.

Calculate the firm’s days’ sales outstanding.

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Sliver Computing Inc. Assets Liabilities Cash and marketable securities $94,032 Accounts payable $68,561 Accounts receivable $160,684 Notes payable $136,320 Total current $204,881 Inventories $19,809 liabilities Other current assets $647 Total current assets $275,172