单词 | inventory turnover |
释义 | inventory turnover in Accounting (ɪnvəntɔri tɜrnoʊvər) noun (Accounting: Management) inventory , inventory Inventory turnover is a measure of the efficiency of a company, that is calculated by dividing the cost of goods sold by average inventory. A high inventory turnover is often regarded as a sign of efficiency. The inventory turnover ratio indicates the number of times inventory is sold during the year. Inventory turnover is a measure of the efficiency of a company, that is calculated by dividing the costof goods sold by average inventory. |
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