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Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2016 2017 Net sales 24,840 28,964 644 649 Cost of good 20,369 22,563 644 sold

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Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2016 2017 Net sales 24,840 28,964 644 649 Cost of good 20,369 22,563 644 sold 751 Assets Cash and securities Accounts receivable Inventories Total current assets Net fixed assets Depreciation 2,236 2,607 1,288 1,257 EBIT 2,235 3,794 2,576 2,657 Interest expense 126 152 6,624 7,095 Tax (20%) 422 729 Total assets 9,200 9,752 Net Income 1,687 2,913 Liabilities and Owners' Equity Accounts payable 1,288 1,461 184 184 Short-term notes Total current liabilities Long-term debt 1,472 1,645 1,046 1,262 Common stock 1,336 1,588 Retained earnings 5,346 5,257 Total liabilities and owners' equity 9,200 9,752 Financial statements for SW Inc. are presented above. Calculate the most recent days' sales in inventory ratio and, if the industry average is 16.27, how does it compare with their overall competition

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