ALLIANCE GLOBAL GROUP INC. PLEASE HELP ME EXPLAIN THE RECEIVABLES TURNOVER AND THE DAYS TO COLLECT IN THE YEAR 2020   Net Sales Revenue     124555.38   Days   365   Ave. Net Receivables     88640.47   Receivable Turnover   1.41   Receivable turnover     1.41   Days to Collect   258.87 or 259 PLEASE HELP ME EXPLAIN THE INVENTORY TURNOVER AND THE DAYS TO SELL IN THE YEAR 2020   Cost of Goods Sold     75568.32   Days   365   Average Inventory 70,012.93   Inventory Turnover     1.08   Inventory Turnover     1.08   Days to Sell   337.96 or 338

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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ALLIANCE GLOBAL GROUP INC.

PLEASE HELP ME EXPLAIN THE RECEIVABLES TURNOVER AND THE DAYS TO COLLECT IN THE YEAR 2020

 

Net Sales Revenue

 

 

124555.38

 

Days

 

365

 

Ave. Net Receivables

 

 

88640.47

 

Receivable Turnover

 

1.41

 

Receivable turnover

 

 

1.41

 

Days to Collect

 

258.87 or 259

PLEASE HELP ME EXPLAIN THE INVENTORY TURNOVER AND THE DAYS TO SELL IN THE YEAR 2020

 

Cost of Goods Sold

 

 

75568.32

 

Days

 

365

 

Average Inventory

70,012.93

 

Inventory Turnover

 

 

1.08

 

Inventory Turnover

 

 

1.08

 

Days to Sell

 

337.96 or 338

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