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95 times during the year on average it takes 9241

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Unformatted text preview: therefore the person in charge of collections is not doing a good job. 2.45 The company turned over or sold their inventory 2.45 times during the year. Average Days' Sales 365 / 2.45 = 148.98 days On average, the company has 148.98 days of sales in stock, which is too high. It is very costly to store inventory. The purchasing manager or the production manager is not doing a good job....
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