Difference between revisions of "Inventory turnover ratio"

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According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
:[[Inventory turnover ratio]]. An asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.
 
:[[Inventory turnover ratio]]. An asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]],
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:[[Inventory turnover ratio]]. Sales divided by inventories.
  
 
==Related concepts==
 
==Related concepts==

Revision as of 19:44, 29 October 2019

Inventory turnover ratio (or, simply, inventory turnover) is an asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Inventory turnover ratio. An asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Inventory turnover ratio. Sales divided by inventories.

Related concepts

Related lectures