If a company's days sales in inventory ratio decreases from one year to the next, would this

Question:

If a company's days sales in inventory ratio decreases from one year to the next, would this be viewed as a sign that the company's inventory management has improved or deteriorated? Explain.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

Question Posted: