Inventory stock turnover formula
6 Jun 2019 Inventory Turnover Ratio -- Formula & Example. Let's assume Company XYZ reported the following information: Last Year This Year. Revenue Inventory turnover ratio or stock turnover ratio indicates the relationship between “cost of goods sold” and “average inventory”. It indicates how efficiently the 2 Oct 2019 Don't be alarmed if the phrase inventory turnover or stock turnover makes you want to scratch your head in confusion. After all, most small