What is the inventory turnover
Jim's Farm's payables deferral period (PDP) is 50 days (on a 365-day basis), accounts payable are $100 million, and its balance sheet shows inventory of $154.3 million. What is the inventory turnover ratio?
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jims farms payables deferral period pdp is 50 days on a 365-day basis accounts payable are 100 million and its balance
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