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2020 2019 2018 2017 Year-end Inventory 525,000 460,000 390,000 310,000 Year-end Accounts Payable 115,000 113,000 97,500 85,000 Cost of Goods Sold 1,650,000 1,225,000 1,025,000 850,000

2020 2019 2018 2017
Year-end Inventory 525,000 460,000 390,000 310,000
Year-end Accounts Payable 115,000 113,000 97,500 85,000
Cost of Goods Sold 1,650,000 1,225,000 1,025,000 850,000
Inventory turnover in days?
Payables turnover in days (CGS in Numerator)?

Payables turnover in days (Purchases in Numerator)?

Calculate

  • Inventory turnover in days.
  • Payables turnover in days.
  • Recalculate the payables turnover in days ratio using Purchases in the numerator instead of Cost of Goods Sold.

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