Number of days in the year 360 inventory turnover ratio is 45

A-8 days no.of sales in inventory

A. It takes average8 days in a year for an inventory to be sold.   

Option  A  >>>>>>>>>>>>>>>>>> 8

Number in days will be8 (360/45)=8

agree with the answer "A-8 days"

AN >>>>>>>>>>>>>>>>>>>>A-8

Inventory Turnover =45

as such avarage Inventory would be approx worth (A)8 days of COGS

Well answered by all experts

360/45=8 sales in inventory outstanding days