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($000) Company A Company B Revenues(sales) 136488 149360 Cost of Goods Sold 43800 52376 Average inventory 7359 8735 Average receivable 5551 7318 Average Payable 7054

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($000) Company A Company B Revenues(sales) 136488 149360 Cost of Goods Sold 43800 52376 Average inventory 7359 8735 Average receivable 5551 7318 Average Payable 7054 8663 Calculate the turnover ratios and evaluate the relative performance (operating efficiency) of both companies

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