If a firm has an average age of inventory of 60 days, an average collection period of 35 days and an average payment period of 25 days, calculate the company’s operating cycle.
If a firm has an operating cycle of 90 days, an average collection period of 37 days, and an average payment period of 32 days, what is the average age of inventory?
A firm has average inventory of $2,150,000, an inventory period of 65 days, a receivables period of 37 days, and average payables of $360,000. What is the cash cycle? Cost of goods sold was $10,526,380.
If a firm has an inventory period of 122 days, an average collection period of 59 days and an average payment period of 55 days, what is the firm’s inventory turnover?