a-company-has-an-average-days-in-inventory-of-60-days-while-the-industry-benchma

Question

A company has an average days in inventory of 60 days, while the industry benchmark is 75 days. What does this indicate about the company's inventory management?

Accepted Answer

The company is more efficient in managing its inventory compared to the industry.

Answer

The company is equally efficient as the industry in managing its inventory.

Answer

The company is less efficient in managing its inventory compared to the industry.

Answer

The company has no inventory management issues.