Activity 15 - Vodafone Stock Turnover answer
| Vodafone | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|
| £m | £m | |
| Cost of sales | 13446 | 8702 |
| Stock | 513 | 316 |
| Stock Turnover Ratio for the Vodafone | ||
|---|---|---|
| 31 March 2002 |
513
13,446 ÷ 365 |
13.93 days |
| 31 March 2001 |
316
8,702 ÷ 365 |
13.25 days |
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