ABC Co$.$ Ltd is all about inventories. Find its operating cycle assuming all sales are $($a$)$ cash sales

and $($b$)$ credit sales. You can use cost of revenue as approximate figure for purchases $($i$.$e$.$ no

need to adjust it for changes in inventories$).$

TZS $(000)$

Revenue $469,162$

Cost of revenue $352,488$

Inventories as at $31$ January $202343,803$

Inventories as at $31$ January $202240,714$

Average inventories $42,259$

Accounts receivable as at $31$ January $20236,768$

Accounts receivable as at $31$ January $20225,937$

Average accounts receivable $6,353$