Recently, Inditex (ESP) reported ending inventory of 1,581.297 (1,297.009 the previous year). Cost of sales were 6,486.825

Question:

Recently, Inditex (ESP) reported ending inventory of €1,581.297 (€1,297.009 the previous year). Cost of sales were €6,486.825 and net sales were €15,946.143 (all amounts in millions). Compute Inditex's inventory turnover and average days to sell inventory.

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...