Answer:
71.0 days
Explanation:
The formula to compute the Days sales in inventory is shown below
= Total number of days in a year ÷ inventory turnover ratio
where,
Total number of days in a year = 365 days
And, the inventory turnover ratio is
= Cost of goods sold ÷ average inventory
= $10,821 million ÷ $2,105 million
= 5.14 times
So, the days sales in inventory equals to
= 365 days ÷ 5.14 times
= 71.0 days
