1.
Inventory turnover:
Inventory turnover is the volume of inventory required to sell in a defined period without having extra lying inventories in the warehouses or urgent requirement of inventories to satisfy the period sales.
To compute: Inventory turnover ratio.
2.
Inventory turnover:
Inventory turnover is the volume of inventory required to sell in a defined period without having extra lying inventories in the warehouses or urgent requirement of inventories to satisfy the period sales.
To compute: Days’ sales in inventory.
3.
Inventory turnover:
Inventory turnover is the volume of inventory required to sell in a defined period without having extra lying inventories in the warehouses or urgent requirement of inventories to satisfy the period sales.
To compute: Inventory turnover analysis.
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