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Suppose at December 3 1 of a recent year, the following information ( in thousands ) was available for sunglasses manufacturer Oakley, Inc.: ending inventory

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley,
Inc.: ending inventory $143,000, beginning inventory $115,000, cost of goods sold $327,660, and sales revenue $684,000.
(a)
Calculate the inventory turnover for Oakley, Inc. (Round answer to 2 decimal places, e.g.1.25.)
Inventory turnover
times
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