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Amazon.com, Inc. disclosed inventory valued at $31.5 billion on its balance sheet for the fiscal year 2021. With cost of goods sold amounting to $167.8
Amazon.com, Inc. disclosed inventory valued at $31.5 billion on its balance sheet for the fiscal year 2021. With cost of goods sold amounting to $167.8 billion and average inventory turnover of 12 times per year, compute Amazon's average inventory holding period and assess the efficiency of its inventory management practices in optimizing working capital and reducing carrying costs.
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