What is Inventory Turnover? In accounting, the Inventory - TopicsExpress

What is Inventory Turnover? In accounting, the Inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. The equation for inventory turnover equals the Cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, stockturn, stock turns, turns, and stock turnover. Learn more at en.wikipedia.org/wiki/Inventory_turns.

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