Inventory turnover ratio is one of the financial ratios that provide information about the liquidity of a company. Liquidity ratios identify whether a company can meet its short-term financial ...

For companies that sell a product, inventory is a major consideration. The more inventory you have, the more money that’s tied up in a static product. Until you sell the product, that money isn’t ...

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

The term "sales turnover" does not have a precise definition. Sometimes, it is used to refer to a company's revenue for a year or for another accounting period. Sales turnover is also used as a ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

Fiscal year 2022 is ending. Next year is going to be a challenge. We hear more projections there will be a recession. Having a well thought out and written business plan will be a valuable tool for ...

David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. Vikki Velasquez is a researcher and writer who has ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

Maintaining inventory is a huge cost for many businesses, especially in the retail industry. The longer a product sits on store shelves, the more it deteriorates, and the greater the chances are that ...