1- Abercrombie & Fitch Has Inventory Levels Of $399,795 Thousand And $436,701 Thousand At The End Of Fiscal-Year Ending 2016 And 2015 Respectively. Cost Of Goods Sold For 2016 Is $1,298,172 Thousand. A. Calculate The Average Days Inventory Outstanding For 2016. T B- Suggest Four Ways That Abercrombie & Fitch Might Improve Average Days Inventory Outstanding

 

1- Abercrombie & Fitch has inventory levels of $399,795 thousand and $436,701 thousand at the end of fiscal-year ending 2016 and 2015 respectively. Cost of goods sold for 2016 is $1,298,172 thousand. a- Calculate the average days inventory outstanding for 2016. I b- Suggest four ways that Abercrombie & Fitch might improve average days inventory outstanding.