Re: Stock Of The Day 6/25 LTD - Limited Brands
The numbers are right as far as Yahoo Finance accurately captures the numbers from LTD's SEC filings. I know for a fact, though, that Yahoo Finance doesn't always do this correctly. If you do the math yourself, please double check my figures and let me know of any mistakes.
You're right, I made a mistake with the inventory period. If we're talking about quarters as I did, we need to use 91 for the numerator in calculating the turnover. Or we could switch entirely to annual figures.
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