[lordlicorice]

> We calculated these times from the report's "Inventory Turn" metric, which estimates the number of times a company's inventory is sold in a given time period. Apple's number is 74, according to Gartner (or 76, according to Forbes). From there, it's a common practice to divide by 365 to "estimate the number of days [of] sales sitting in inventory."

Shouldn't it be 365 divided by the number of times per year they sell their average inventory?

They're going to have the reciprocal of the actual answer. Like, if it takes an entire year to sell off their inventory then their formula will give you 1 day turnover.

[mooism2]

Yes, they mean “divide into 365”, not “divide by 365”.