Compare the inventory turnover ratios of Walmart Inc. and Target Corporation based on the following data for the year ended December 31, 2023:

Item	Walmart Inc.	Target Corporation
Cost of Goods Sold	$10,000,000	$8,500,000
Average Inventory	$2,000,000	$1,800,000

Question:

Which company has a higher inventory turnover ratio? Calculate the inventory turnover ratio for each company and compare.