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Libscomb Technologies' annual sales are $6,745,891 and all sales are made on credit, it purchases $4,195,406 of materials each year (and this is its cost

Libscomb Technologies' annual sales are $6,745,891 and all sales are made on credit, it purchases $4,195,406 of materials each year (and this is its cost of goods sold). Libscomb also has $506,648 of inventory, $555,704 of accounts receivable, and $445,565 of accounts payable. Assume a 365 day year.

What is Libscombs Inventory Turnover?

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