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Use the information provided below to provide an interpretation of each of the following ratios: 1 . 3 . 1 Inventory turnover 1 . 3

Use the information provided below to provide an interpretation of each of the following ratios:
1.3.1 Inventory turnover
1.3.2 Debtors collection period
INFORMATION
The credit term offered by Reno Supermarket to its debtors were 30 days. The following ratios were calculated for 2023 and 2022 :
\table[[Ratio,2023,2022],[Inventory turnover,6 times,9 times],[Debtors collection period,39 days,28 days]]
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