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In its 2019 annual report, Splish Brothers, Inc. reported inventory of $656 million on January 31, 2020, and $558 million on January 31, 2019, cost
In its 2019 annual report, Splish Brothers, Inc. reported inventory of $656 million on January 31, 2020, and $558 million on January 31, 2019, cost of goods sold of $5,914 million for the year, and net sales of $7,328 million for the year. Compute Splish Brotherss inventory turnover for the fiscal year 2019. (Round answer to 2 decimal places, e.g. 7.62.)
Inventory turnover |
Compute Splish Brotherss average days to sell inventory for the fiscal year 2019. (Round answer to 2 decimal place, e.g. 7.65. Use 365 days for calculation.)
Average days to sell Inv. |
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