Respuesta :
Answer:
182.5 days
Explanation:
Days Sales in Inventory also called 'inventory days' or 'days in inventory; is a ratio used by accountants to calculate the average number of days (considering the entity's present sales effort) it will take to convert its inventory into sales.
Days Sales in Inventory (DSI) is computed by dividing 365 days by inventory turnover. inventory turnover is the ratio of cost of goods sold to average Inventory.
The formula for calculating Days Sales in Inventory (DSI) is given below:
Days Sales in Inventory (DSI) = [tex]\frac{365}{Inventory Turnover}[/tex]
Inventory Turnover = [tex]\frac{Cost of Goods Sold}{Average Inventory}[/tex]
Cost of goods sold = $3,000
Average Inventory = $1,500
Inventory Turnover = $3,000/$1,500 = 2 times
Days Sales in Inventory (DSI) = 365/2 = 182.5 days
(Days sales in inventory is calculated as 365 days divided by inventory turnover.
Inventory turnover = $960,000
Days Sales in Inventory Formula can be calculated by dividing the ending inventory by cost of goods sold and multiply by 365. Days Sales in Inventory= (Ending Inventory/) x 365.
Days sales of inventory (DSI) is the average number of days it takes for a firm to sell off inventory. DSI is a metric that analysts use to determine the efficiency of sales. A high DSI can indicate that a firm is not properly managing its inventory or that it has inventory that is difficult to sell.
Answer:
182.5 days
Explanation:
Number of days' sales in inventory is the average time it takes an entity to convert inventory into sales.
It is given by the ratio of the average inventory to the cost of goods sold then multiplied by the number of days in the period.
Given;
Cost of goods sold is $3,000 and average inventory is $1,500,
Number of days' sales in inventory = ($1,500/$3,000) × 365 days
Where the number of days in the year is 365.
Number of days' sales in inventory = 182.5 days
