explain what happen in this turnover ratio for pepsi company for yea 2019, 2020, 2021? List Of Ratio 2019 2020 2021 Receivable Turnover 8.59 8.37 9.16 Average collection period ( days) 40.66 42.08 39.23 Inventory Turnover 8.70 8.47 9.32 Days Sales Outstanding 1.26% 1.07% 0.22% Total Asset Turnover Ratio 0.85  0.82  0.22

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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explain what happen in this turnover ratio for pepsi company for yea 2019, 2020, 2021?

List Of Ratio

2019

2020

2021

Receivable Turnover

8.59

8.37

9.16

Average collection period ( days)

40.66

42.08

39.23

Inventory Turnover

8.70

8.47

9.32

Days Sales Outstanding

1.26%

1.07%

0.22%

Total Asset Turnover Ratio

0.85 

0.82 

0.22

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