Libscomb Technologies' annual sales are $5,006,817 and all sales are made on credit, it purchases $3,651,781 of materials each year (and this is its cost of goods sold). Libscomb also has $584,459 of inventory, $487,048 of accounts receivable, and $437,665 of accounts payable. Assume a 365 day year.

What is Libscombs Receivables Turnover?