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In its 2019 annual report, Metlock, Inc. reported inventory of $658 million on January 31, 2020, and $540 million on January 31, 2019, cost of
In its 2019 annual report, Metlock, Inc. reported inventory of $658 million on January 31, 2020, and $540 million on January 31, 2019, cost of goods sold of $5,770 million for the year, and net sales of $7,304 million for the year. Compute Metlock's inventory turnover for the fiscal year 2019. (Round answer to 2 decimal places, e.g. 7.62.) Inventory turnover times Compute Metlock's average days to sell inventory for the fiscal year 2019. (Round answer to 2 decimal place, eg. 7.65. Use 365 days for calculation.) Average days to sell inventory days
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