$$\begin{array}{l}
\begin{array} {lll }
&£\
\text {Inentory}&5,400\
\text {Trade payales}&7,560\
\text {Trade receizales}&9,000\
\text {sales}&65,700\
\text {Cost of sales}&43,800\
\end{array}
\end{array}$$ Based on the above figures, what are the inventory days?

Question

$$\begin{array}{l}
\begin{array} {lll } 
&£\
\text {Inentory}&5,400\
\text {Trade payales}&7,560\
\text {Trade receizales}&9,000\
\text {sales}&65,700\
\text {Cost of sales}&43,800\
\end{array}
\end{array}$$ Based on the above figures, what are the inventory days?

Quizplus · Accepted Answer

Inventory days can be calculated using the formula: (Inventory / Cost of Sales) * 365. Plugging in the numbers from the question: (5400 / 43800) * 365 = 45 days.

Based on the Above Figures, What Are the Inventory Days