Inventory turnover of Robbie

LIQUIDITY RATIOS: Following are selected financial data from the records of ROBBIE Corporation and RINGO Corporation as of year ended 12/31/2020: Robbie Corp. Ringo Corp. Net credit sales P 60 million P 120 million Cost of goods sold 20 million 45 million Net credit purchases 20 million 43 million Average trade receivables 4 million 4 million Average inventories 2 million 2 million Average trade payables 3.5 million 3.5 million Sales credit terms 2/10, n/30 2/10, n/30 Purchase credit terms 3/30, n/60 3/30, n/60 Determine the following for ROBBIE and RINGO Corporation for 2020