What is libscomb operating cycle

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Question - Libscomb Technologies' annual sales are $6,428,277 and all sales are made on credit, it purchases $3,335,973 of materials each year (and this is its cost of goods sold). Libscomb also has $535,810 of inventory, $573,240 of accounts receivable, and $449,751 of accounts payable. Assume a 365 day year. What is Libscomb's Operating Cycle (in days)?

Reference no: EM133171869

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What is libscomb operating cycle : Libscomb Technologies' annual sales are $6,428,277 and all sales are made on credit, What is Libscomb's Operating Cycle (in days)
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