What does Inventory Turnover stand for?

Updated on Financial 2024-08-13
9 answers
  1. Anonymous users2024-02-16

    Hello classmates, I'm glad to answer for you!

    Inventory turnover: The multiple of a company's inventory over a specific period** and replacement inventory.

    It is calculated as follows:

    Sales. Inventory amount.

    But it can also be calculated like this:

    Cost of goods sold.

    Average inventory value.

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  2. Anonymous users2024-02-15

    Inventory turnover is the ratio of the cost of main business to the average inventory balance of an enterprise in a certain period. It is used to reflect the turnover speed of inventory, that is, whether the liquidity of inventory and the amount of inventory capital occupied are reasonable, so as to promote enterprises to improve the efficiency of capital use and enhance the short-term solvency of enterprises while ensuring the continuity of production and operation.

    Inventory turnover is the ratio of the total amount (total quantity) of inventory for a certain period of time to the average amount (or quantity) of inventory for that period of time. It refers to the rate of inventory turnover in a certain period (one year or half a year).

    Inventory turnoverThe number of inventory flows or cycles in a year and is a measure of the inventory investment to support a certain level of sales activity. It is calculated by dividing the cost of goods sold throughout the year by the average inventory value.

  3. Anonymous users2024-02-14

    Inventory Turnover [English] [nv ntri t :n uv] [US] [nv n t ri t n ov].

    inventory turnover;

    Example sentences: 1our inventory turnover days was also maintained at historical low level of 32 days.

    s inventory turnover ratios are consistently and considerably higher than those of its peers.

    Adopting other people's answers is not only an affirmation of the fruits of others' labor, but also an encouragement to the answerer, and both the questioner and the answerer can obtain wealth value.

  4. Anonymous users2024-02-13

    Hello classmates, I'm glad to answer for you!

    The word you are talking about is one of the core vocabulary of CMA, and mastering CMA vocabulary can make you feel like a fish in water in CMA learning, the translation and meaning of this word are as follows:

    Inventory turnoverThe multiple of a company's inventory turnover in a specific period** and replacement inventory is calculated as: sales inventory amount, but it can also be calculated in this way: cost of goods sold average inventory amount.

    Gordon wishes you a happy life!

  5. Anonymous users2024-02-12

    Hello classmates, I'm glad to answer for you!

    Inventory turnover The word you are talking about is one of the CFA words, and mastering the CFA vocabulary can make you feel like a fish in water in the study of CFA, the translation and meaning of this word are as follows: a company in a specific period ** and the multiple of the replacement inventory.

    Hope Gordon Online School.

    Gordon wishes you a happy life!

  6. Anonymous users2024-02-11

    Hello classmates, I'm glad to answer for you!

    Inventory turnover The word you said is one of the FRM words, and mastering the FRM vocabulary can make you feel comfortable in the study of FRM, the translation and meaning of this word are as follows: a company in the stool for a specific period of time ** and the multiple of the replacement inventory.

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  7. Anonymous users2024-02-10

    Hello classmates, I'm glad to answer for you!

    Inventory turnover is not the word you said, it is one of the FRM words, mastering the FRM vocabulary can make you like a fish in water in the study of FRM, the translation and meaning of this word is as follows: a company in a specific period of time ** and the multiple of the replacement inventory.

    Hope Gordon Online School.

    Gordon wishes you a happy life!

  8. Anonymous users2024-02-09

    Hello classmates, I'm glad to answer for you!

    Inventory turnoverThe multiple of a company's inventory turnover in a specific period** and replacement inventory is calculated as: sales inventory amount, but it can also be calculated in this way: cost of goods sold average inventory amount.

    Hope mine can help you solve the problem, if you are satisfied, for yo.

    Gordon wishes you a happy life!

  9. Anonymous users2024-02-08

    Hello classmates, I'm glad to answer for you!

    The translation of inventory turnover is inventory turnover, and the word you are talking about is one of the core words of CMA, and the meaning of this word is as follows: the multiple of a company's inventory in a specific period** and replacement.

    Hope Gordon Online School.

    Gordon wishes you a happy life!

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