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Libscomb Technologies' annual sales are $6,130,191 and all sales are made on credit, it purchases $4,057,449 of materials each year (and this is its cost

Libscomb Technologies' annual sales are $6,130,191 and all sales are made on credit, it purchases $4,057,449 of materials each year (and this is its cost of goods sold). Libscomb also has $501,256 of inventory, $528,476 of accounts receivable, and $492,193 of accounts payable. Assume a 365 day year.

What is Libscombs Inventory Turnover?

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