The days' sales in inventory measures the
A) length of time it takes to acquire, sell, and replace the inventory
B) length of time it takes to acquire and receive payment for the inventory
C) number of days inventory is on hand prior to sale
D) number of days inventory takes to arrive after ordering

Question

Quizplus · Accepted Answer

The days' sales in inventory measures the average number of days it takes for a company to turn its inventory into sales, which involves acquiring, selling, and replacing the inventory.

The Days' Sales in Inventory Measures the