Search results
Results from the WOW.Com Content Network
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. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory.
Average Days to Sell Inventory = Number of Days a Year / Inventory Turnover Ratio = 365 days a year / Inventory Turnover Ratio This ratio estimates how many times the inventory turns over a year. This number tells how much cash/goods are tied up waiting for the process and is a critical measure of process reliability and effectiveness.
The average inventory is the average of inventory levels at the beginning and end of an accounting period, and COGS/day is calculated by dividing the total cost of goods sold per year by the number of days in the accounting period, generally 365 days. [3] This is equivalent to the 'average days to sell the inventory' which is calculated as: [4]
Asset turnover [21] Net Sales / Total Assets Stock turnover ratio [22] [23] Cost of Goods Sold / Average Inventory Receivables Turnover Ratio [24] Net Credit Sales / Average Net Receivables Inventory conversion ratio [4] 365 Days / Inventory Turnover Inventory conversion period (essentially same thing as above)
Asset turnover or asset turns, a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue; Customer attrition, the rate at which a business loses customers, sometimes called the churn; Inventory turnover or inventory turns, a measure of the number of times inventory is sold or used in a time period
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In business, Gross Margin Return on Inventory Investment (GMROII, also GMROI) [1] is a ratio which expresses a seller's return on each unit of currency spent on inventory.It is one way to determine how profitable the seller's inventory is, and describes the relationship between the profit earned from total sales, and the amount invested in the inventory sold.
They're especially designed to firm the face and neck, improve cheek contour, lift brows and smooth lines using microcurrents to stimulate cell turnover. $175 at Nordstrom Nekteck