Assuming 360 days in a year Accounts Receivable = (DSO * Sales) / 360 Inventory = Cost of Sales / Inventory Turnover Ratio Accounts Payable = (Accounts Payable Days * Cost of Sales) / 360

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Assuming 360 days in a year
Accounts Receivable = (DSO * Sales) / 360
Inventory = Cost of Sales / Inventory Turnover Ratio
Accounts Payable = (Accounts Payable Days * Cost of Sales) / 360

Accounts Receivable

2010
$7,460,492.93

2011
$8,191,550.44

Table 1
2012
$8,995,632.60

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