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Arcane Industries has provided the following financial information: 2018 2019 Sales $1,350,000 $1,600,000 Cost of Goods Sold 750,000 875,000 Receivables Ending Balance 175,000 300,000 Inventory
Arcane Industries has provided the following financial information:
2018 | 2019 | |
Sales | $1,350,000 | $1,600,000 |
Cost of Goods Sold | 750,000 | 875,000 |
Receivables Ending Balance | 175,000 | 300,000 |
Inventory Ending Balance | 300,000 | 250,000 |
Payables Ending Balance | 125,000 | 175,000 |
Calculate the following:
Inventory Turnover:
Days Inventory on Hand:
Receivables Turnover:
Days Sales Outstanding:
Payables Turnover:
Days Payables Outstanding:
Cash Conversion Cycle (# of days):
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