标题: operating cycle [打印本页]

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作者: slackeranalyst    时间: 2011-7-11 19:52     标题: operating cycle

inventory - beginning balance - 2000
inventory - ending balance - 2300
cogs - 20,000

solution: number of days of inventory = 2300/ (20,000/365) = 41.975 days


can you please tell me why they used ending inventory balance and no AVG inventory?

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作者: cyber21    时间: 2011-7-11 19:52

DSO = 365 / (COGS/Ave Inventory)
= 365 / {20,000/[(2,000+2,300)/2]}
= 365 / 20,000/2,150
= 39.2375

Which provider gave you that answer? They are wrong.

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作者: jim8z3    时间: 2011-7-11 19:52

I think there's also a problem in the curriculum that uses ending inventory instead of average inventory. Im not sure why.

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