The Inventory Period (aka Days Sales in Inventory) is a measure of the average inventory level...
The Inventory Period (aka Days Sales in Inventory) is a measure of the
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average inventory level multiplied by the number of days in the period |
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average length of time an inventoried item is in stock before it is sold |
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none of the above |
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average time elapsing from the time an order is placed until it is shipped |
Homework Answers
The answer is : Average length of time an inventoried item is in stock before it is sold
Explanation : Inventory period shows us the average time which is required to sell the stock of inventory
Add Answer to:
The Inventory Period (aka Days Sales in Inventory) is a measure
of the
average inventory level...
Value options Inventory conversion period: 56.77 days 43.26 days 45.96 days 131.70 days Average collection period:...
Value options
Inventory conversion period:
56.77 days
43.26 days
45.96 days
131.70 days
Average collection period:
34.20 days
23.32 days
86.55 days
29.54 days
Payables deferral period:
62.57 days
49.53 days
54.75 days
127.00 days
Cash conversion cycle:
31.37 days
91.25 days
29.72 days
28.07 days
Then the multiple choices
1. Cash conversion cydle AaAa Consider the case of Green Melon Electronics Company: Green Melon Electronics Company is a mature firm that has a stable flow of business. The following...
1.Which of the following is NOT an inventory performance measure? a. average days of inventory turnover...
1.Which of the following is NOT an inventory performance measure? a. average days of inventory turnover b. average aggregate inventory c. average cycle service level d. all of the above are inventory performance measures 2. Which of the following is NOT true of inventory management? a.Inventory management is a data-driven approach to making intelligent cost and customer service driven decisions. b.The goal, in most cases, is to generate revenue by minimizing stock-outs while keeping costs at a reasonable level. c....
4- Interior Designs has a days sales in inventory of 51 days, an average payment period...
4- Interior Designs has a days sales in inventory of 51 days, an average payment period of 38 days, and an average collection period of 32 days. Management is considering an offer from their suppliers to pay within 10 days and receive a 2 percent discount. If the new discount is taken, the average payment period is expected to decline by 26 days. If the new discount is taken, the operating cycle will be _____ days.
Zane Corporation has an inventory conversion period of 69 days, an average collection period of 43...
Zane Corporation has an inventory conversion period of 69 days, an average collection period of 43 days, and a payables deferral period of 23 days. Assume 365 days in year for your calculations. What is the length of the cash conversion cycle? Round your answer to two decimal places. days If Zane's annual sales are $2,181,245 and all sales are on credit, what is the investment in accounts receivable? Do not round intermediate calculations. Round your answer to the nearest...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection period of 48 days, and a payables deferral period of 24 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. days b. If annual sales are $4,818,000 and all sales are on credit, what...
Zane Corporation has an inventory conversion period of 83 days, an average collection period of 33...
Zane Corporation has an inventory conversion period of 83 days, an average collection period of 33 days, and a payables deferral period of 40 days. Assume 365 days in year for your calculations. a. What is the length of the cash conversion cycle? Round your answer to two decimal places. 76 days b. If Zane's annual sales are $4,278,570 and all sales are on credit, what is the investment in accounts receivable? Round your answer to the nearest cent. Do...
The number of days' sales in inventory measures a. the number of days inventory takes to...
The number of days' sales in inventory measures a. the number of days inventory takes to arrive after ordering b. the length of time it takes to acquire and receive payment for the inventory c. the number of days inventory is on hand prior to sale d. the length of time it takes to acquire, sell, and replace the inventory
6.0 Calculate the average manufacturing period and the average storage period. We know the following data...
6.0 Calculate the average manufacturing period and the average storage period. We know the following data of the company Perfilados, S.A: It bought and consumed € 105,000 in raw materials for the manufacture of its product and, on average, maintained a stock level of them in the stock of € 9,250. Calculate the average storage period. Average storage time = (average inventory / cost of annual purchases) x 360 days Calculation: 9250/105000*365=32.2 days is this right? The cost of its...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 73 days, an average collection...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 73 days, an average collection period of 40 days, and a payables deferral period of 37 days. Assume that cost of goods sold is 80% of sales. Assume 365 days in year for your calculations. 1. What is the length of the firm's cash conversion cycle? days 2. If Negus's annual sales are $3,437,675 and all sales are on credit, what is the firm's investment in accounts receivable? Round...
Inventory management. A computer store sells and maintains an inventory of fax machines (units). On average,...
Inventory management. A computer store sells and maintains an
inventory of fax machines (units). On average, one unit is sold per
day, but the store experiences a burst of customers on some days. A
marketing survey suggests that customer interarrival times are iid
exponentially distributed with rate 1 per day.
When
the inventory on hand drops down to 5 units, an order of 20 units
is placed with the supplier, and the lead time is uniformly
distributed between 5 and...
Value options
Inventory conversion period:
56.77 days
43.26 days
45.96 days
131.70 days
Average collection period:
34.20 days
23.32 days
86.55 days
29.54 days
Payables deferral period:
62.57 days
49.53 days
54.75 days
127.00 days
Cash conversion cycle:
31.37 days
91.25 days
29.72 days
28.07 days
Then the multiple choices
1. Cash conversion cydle AaAa Consider the case of Green Melon Electronics Company: Green Melon Electronics Company is a mature firm that has a stable flow of business. The following...
Cash Conversion Cycle Negus Enterprises has an inventory conversion period of 72 days, an average collection period of 48 days, and a payables deferral period of 24 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations. a. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number. days b. If annual sales are $4,818,000 and all sales are on credit, what...
Zane Corporation has an inventory conversion period of 83 days, an average collection period of 33 days, and a payables deferral period of 40 days. Assume 365 days in year for your calculations. a. What is the length of the cash conversion cycle? Round your answer to two decimal places. 76 days b. If Zane's annual sales are $4,278,570 and all sales are on credit, what is the investment in accounts receivable? Round your answer to the nearest cent. Do...
Inventory management. A computer store sells and maintains an
inventory of fax machines (units). On average, one unit is sold per
day, but the store experiences a burst of customers on some days. A
marketing survey suggests that customer interarrival times are iid
exponentially distributed with rate 1 per day.
When
the inventory on hand drops down to 5 units, an order of 20 units
is placed with the supplier, and the lead time is uniformly
distributed between 5 and...
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