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U . S . Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and air - conditioning

U.S. Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain:
QUARTER 1(JANUARY THROUGH MARCH) QUARTER 2(APRIL THROUGH JUNE) QUARTER 3(JULY THROUGH SEPTEMBER) QUARTER 4(OCTOBER THROUGH DECEMBER)
All amounts in millions of U.S. dollars
Sales (total quarter):
United states 446436424524
Canada 11172167166
Europe 61404519
Cost of goods sold (total quarter)488434508569
Raw materials at the Louisville plant (end-of-quarter)93675790
Work-in-process and finished goods at the Louisville plant (end-of quarter)184124131266
Distribution center inventory (end-of-quarter):
United states 45533458
Canada 19202024
Europe 7596
What is the average inventory turnover for the firm?

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