Days inventory held____
O is calculated using cost of goods sold and average accounts receivable.
O is the same for a merchandising firm or a manufacturing firm.
O can be used to identify changing customer payment patterns.
O tells us how many days it takes for inventory to move from the company to its customers.
O is calculated using cost of goods sold and average accounts receivable.
O is the same for a merchandising firm or a manufacturing firm.
O can be used to identify changing customer payment patterns.
O tells us how many days it takes for inventory to move from the company to its customers.