Calculating payable days, please help!

kelove1
kelove1 Registered Posts: 16 New contributor 🐸
Please can someone help me calculate the payable days when given figures for this items,

Sales
Gross profit
Operating profit
Non current asset nbv
Inventory
Debtors
Cash
Creditors

I know the calculation should be payables/cost of sales x 365
But not even sure how to calculate cost of sales from only these.

Sorry its probably easy but I'm struggling a bit with this.

Comments

  • anony123
    anony123 Registered Posts: 531 Epic contributor 🐘
    Is this for the working capital?
  • anony123
    anony123 Registered Posts: 531 Epic contributor 🐘
    May just be debtors/inventory * amount of days (should be given in the scenario)
    Not sure tbh. If it is for the management techniques exam, it is easier then this

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