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hello friends my name is jeeraj vaddy from wallstreetmojo.com this is part 11 of our ratio analysis video series and in this installment we learn all about days inventory in simple terms days inventory tell you how many days it takes for a firm to actually convert its inventory into sales so in this tutorial we basically have four objectives number one look at what days inventory actually mean number two what is formula and the calculations number three calculate days inventory for colgate and number four what its interpretations so before we jump into the tutorial a quick reminder for you we will be needing all the working files of colgate case study for this video so if you havent downloaded it yet please do so from the description link below and also to keep yourself updated with the investment banking and core finance concepts please do subscribe to our channel wallstreetmojo so lets get started [Music] what is inventory days inventory days is a part of the ratio analysis frame