Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 42)
What does an increase in 'average days to settle inventory' imply for a business?
A faster inventory turnover
More frequent write-offs due to spoilage
That inventory is moving slower
An increase in sales
คำอธิบาย
An increase in average days to settle inventory implies a slower rate of inventory turnover.