Question: 1. how would you interpret the entity's payables turnover if it's closest competitor has a payable turnover of 3 while the industry average is 4?

1. how would you interpret the entity's payables turnover if it's closest competitor has a payable turnover of 3 while the industry average is 4?

2. how would you interpret the entity's inventory turnover if its turnover was 5 and it's target for the year is 5.5 times?

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