question archive Szabo Company computed the following data for 2003: Days' sales in receivables: 38

Szabo Company computed the following data for 2003: Days' sales in receivables: 38

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Szabo Company computed the following data for 2003: Days' sales in receivables:

38.7 days Accounts receivable turnover:

9.6 times Accounts receivable turnover in days:

35.1 days Days' sales in inventory:

68.5 days Merchandise inventory turnover:

5.9 times Inventory turnover in days:

58.7 days The estimated operating cycle for 2003 is?

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