Days in inventory is a ratio measure that addresses:
A)how quickly a company can sell its inventory.
B)how profitable a company is.
C)how quickly a company can collect its receivables.
D)how well a company is positioned to pay its current liabilities.

Question

Quizplus · Accepted Answer

Days in inventory measures how quickly a company can sell its inventory by calculating the average number of days it takes to turn inventory into sales.

Days in Inventory Is a Ratio Measure That Addresses