Difference between revisions of "Inventory turnover ratio"

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[[Inventory turnover ratio]] is 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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[[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.
  
  

Revision as of 04:49, 21 December 2018

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.

Related concepts

Related coursework