Days Sales Inventory (also known as Days Inventory Outstanding) measures the average number of days it takes for a company to sell its inventory.
A company reported annual sales of Rs. 500 billion, year-end inventory of Rs. 50 billion, and annual cost of goods sold of Rs.400 billion. What is its days sales inventory?
Asked in FINANCE AND ACCOUNTS OFFICER TREASURY OFFICER 2016 · Topic: National Income & Gross Domestic Product (Savings, Investment, and their Relationship with National Income)
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