A company shows the following balance sheet as of 31/12/2018 (in $000)

Assets ($000)

Liabilities ($000)

Fixed assets

22,000

Equity

12,000

Inventories

12,000

Long term debt

1,000

Account receivables

3,000

Short term loans

23,000

Cash

Account payable

1,000

Total

37,000

Total

37,000

a) Compute its net operating cycle in days, knowing that its sales were $22 million and COGS were $20 million (and a year has 365 days).