Chapter 4 Supply Chain class exercise Name:

Custom Farm Machinery has reported the following financial information for the past two years.

	2018	2019
Cost of goods sold	5,750,000	6,850,000
Raw Materials	267,500	195,800
VIP	504,000	450,000
Finished Goods	130,000	232,000
Operating Supplies	137,500	157,200

1. Calculate the Inventory turnover for each of the past years. Round to one decimal place.

2018 __________

2019 _________

2. Calculate the Days of Supply for each of the past years. Round to one decimal place.

2018 __________

2019 _________

c) in which of the years was their inventory performance better.