3.8 efficiency ratios

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5 Terms

1
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Trade payable days

Tradepayables/credit purchases x365

2
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Trade Receivable days

Trade Receivables/ credit sales x365

3
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Inventory turnover (days)

Average inventory/cost of sales x365

4
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Inventory turn lever (times)

Cost of sales/average inventory

5
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Average inventory

(Opening inv + Closing inv)/2