You have the following data in relation to a large supermarket business: 31/12/202031/12/2019 £million £million Inventories 900 775 Trade 687.5 617.5 receivables Cash 525 562.5 Total current 2,112.5 1,955 assets Trade payables 2,800 2,625 Total current 2,800 2,625 liabilities 31/12/202031/12/2019 £million £million Revenue 16,350 15,050 Cost of Sales 14,793.25 13,800 Operating Profit 962.5 945 Your task: (a) Calculate the operating cash cycle in days for the year ending 31st December 2020. (b) Comment on your findings and explain whether this is typical for this type of business and why this is the case.

Inventory: It refers to the items held by an organization which were in various forms like raw material, work-in process, and finished goods. The inventory is generally held for resale or to use in the production process.

Accounts receivable:  It is a current asset of an organization. It is the amount due from customers for sale of merchandise or for providing services on credit to them.

Accounts payable: It is the current liability to an organization. It is the amount payable to the suppliers, payable towards outstanding dues etc.