Calculating the Average Inventory, the Inventory Turnover Ratio, and the Inventory Turnover in Days

Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following balances:

	January 1	December 31
Accounts receivable	$142,650,000	$172,350,000
Inventory	54,374,200	62,625,800

Required:

Note: Round answers to one decimal place. Assume 365 days per year.

Calculate the inventory turnover in days.