Question: Calculate the inventory turns for Walmart using the financial data provided below. Walmart Amazon Net operating revenues 4 6 9 , 1 6 2 ,

Calculate the inventory turns for Walmart using the financial data provided below.
Walmart Amazon
Net operating revenues
469,162,74,452
Cost of goods sold
352,488,54,181
2
Gross profit
116,674,20,271
Selling, general, and administrative
expense
88,873,19,526
Operating income
27,801,745
Interest expense
2,251
141
Other income (loss)- net
187
(98)
Income before income taxes
25,737,506
Income taxes
7,981,161
Net income
17,756,274
Assets
Cash and cash equivalents
7,781,8,658
Net receivables
6,768,4,767
\table[[Inventories (at COGS),43,803],[,7,411]]
Total current assets
59,940,24,625
Property, plant and equipment
116,681,10,949
Goodwill
20,497,2,655
Other assets
5,987,1,930
Total assets
203,105,40,159
 Calculate the inventory turns for Walmart using the financial data provided

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