What is the inventory turnover ratio? | AccountingCoach

What is the inventory turnover ratio? | AccountingCoach

瀏覽:962
日期:2024-08-17
What is the inventory turnover ratio? The calculation for the inventory turnover ratio is: Cost of Goods Sold for a Year divided by Average Inventory during the same 12 months. To illustrate the inventory turnover ratio, let’s assume 1) that during the mo...看更多