Financial ratios: Asset management.The financial statements for Tyler Toys, Inc. are shown in the popup window:

Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and 2014
	2014	2013
Revenue	$14,146,941	$13,566,588
Cost of goods sold	$-8,448,309	$-8,131,216
Selling, general, and administrative expenses	$-998,896	$-981,542
Depreciation	$-1,497,254	$-1,472,421
EBIT	$3,202,482	$2,981,409
Interest expense	$-375,125	$-355,825
Taxes	$-1,074,396	$-997,722
Net income	$1,752,961	$1,627,862

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Tyler Toys, Inc.
Balance Sheet as of December 31, 2013 and 2014
ASSETS	2014	2013	LIABILITIES	2014	2013
Current assets			Current liabilities
Cash	$190,774	$187,320	Accounts payable	$1,546,624	$1,456,675
Investments	$180,760	$120,703	Short-term debt	$311,780	$333,946
Accounts receivable	$668,694	$631,882	Total current liabilities	$1,858,404	$1,790,621
Inventory	$587,263	$564,665	Long-term liabilities
Total current assets	$1,627,491	$1,504,570	Debt	$7,285,581	$6,603,758
Long-term assets			Other liabilities	$1,462,464	$1,346,103
Investments	$3,053,170	$2,828,415	Total liabilities	$10,606,449	$9,740,482
Plant, property, and equipment	$8,496,227	$8,480,894	OWNERS EQUITY
Goodwill	$348,728	$346,986	Common stock	$1,458,799	$1,454,793
Intangible assets	$1,157,572	$956,170	Retained earnings	$2,617,940	$2,921,760
			Total owners equity	$4,076,739	$4,376,553
			TOTAL LIABILITIES
TOTAL ASSETS	$14,683,188	$14,117,035	AND OWNERS EQUITY	$14,683,188	$14,117,035

. Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders?

What is the inventory turnover ratio for 2014?

(Round to four decimal places.)