Efficeny Ratios Flashcards by Soreia Idrisse | Brainscape

Q

Trade receivable days

A

(Trade receivables/credit sales) x 365

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Trade payable days

A

(Trade payables/credit purchases) x 365

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Inventory turnover

A

(Average inventory/cost of sales) x 365

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Average inventory

A

Opening inventory + closing inventory / 2

How well did you know this?

1

Not at all

2

3

4

5

Perfectly