Question
The following data is for 2020. ($ in millions) Assumptions Sales $1,000.0 COGS 600.0 Accounts Receivable 165.0 Inventory 125.0 Accounts Payable 75.0 1) Calculate Days
The following data is for 2020.
($ in millions)
Assumptions
Sales $1,000.0
COGS 600.0
Accounts Receivable 165.0
Inventory 125.0
Accounts Payable 75.0
1) Calculate Days Sales Outstanding (DSO):
2) Calculate Days Inventory Held (DIH):
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
