Financial Reporting, Financial Statement Analysis, and Valuation: A STRATEGIC PERSPECTIVE 9e

4.17 Calculating and Interpreting Inventory Turnover Ratios. Dell produces computers and related equipment on a made-to-order basis for consumers and busi- nesses. Sun Microsystems designs and manufactures higher-end computers that function as servers and for use in computer-aided design. Sun Microsystems sells primarily to businesses. It caalso provides services to business customers.in addition to,product sales of, computers. Selected data for each firm for three recent years appear in Exhibit 4.24. (Dell's fiscal year-end is in Janu- ary, Sun's fiscal year-end is in June. Subsequently, in 2010, Oracle acquired Sun.)