BANG Limited are the manufacturer of interior doors. An analysis of some key data from its two recent financial accounts shows the following:

€’000	2022	2021
Sales	6,500	7,900
Cost of Sales	4,200	5,100
Gross Profit	2,300	2,800
Purchases	1,800	2,750
Inventory	280	300
Receivables	190	350
Payables You are required to:	250	190

1: What is the inventory days for Bang for 2022. (numbers only)

2: What is the inventory days for Bang for 2021.

3: What is the receivable days for Bang for 2022.

4: What is the receivable days for Bang for 2021.

5: What is the payables days for Bang for 2022

6: What is the payables days forBang for 2021

7: What is the working capital cycle for 2022?

8: What is the working capital cycle for 2021?

Answer rating: 100% (QA)

1 Inventory days 2 3 Receivable days ... View the full answer