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Walmart Inc., a multinational retail corporation, disclosed inventory valued at $44.3 billion on its balance sheet for the fiscal year 2021. With cost of goods
Walmart Inc., a multinational retail corporation, disclosed inventory valued at $44.3 billion on its balance sheet for the fiscal year 2021. With cost of goods sold amounting to $331.94 billion and average inventory turnover of 8.2 times per year, compute Walmart's average inventory holding period and discuss the efficiency of its inventory management practices in optimizing working capital and minimizing carrying costs.
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