Question
Costco has the following data for 2014 (in million dollars): COSTCO Net sales 112,640 Cost of goods sold 98,458 Accounts payable 8,491 Total inventories 8,456
Costco has the following data for 2014 (in million dollars):
|
| COSTCO |
| Net sales | 112,640 |
| Cost of goods sold | 98,458 |
| Accounts payable | 8,491 |
| Total inventories | 8,456 |
| Accounts receivable | 791 |
What is their inventory flow time?
What is the companys flow time for accounts payable? How about the flow time for accounts receivable?
What is the average cash-to-cash flow time for Costco in 2014?
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Quality Auditing In Construction Projects
Authors: Abdul Razzak Rumane
1st Edition
1032570245, 978-1032570242
