Accounting for IGCSE & O level - Advanced Principles (Section 4 - No. 40)
How can a company's average days to settle inventory be used?
To calculate the cost of goods sold.
To measure how efficiently a company is managing its inventory.
To determine the amount of cash available for operations.
To calculate the current ratio.
הֶסבֵּר
It measures how efficiently the company is managing its inventory.