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Home > Business & Careers > Finance   »   turnover

 
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Old Dec 1, 2006, 05:18 AM
sbingul
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turnover

how calculate turnover for inventory?

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Old Dec 2, 2006, 09:42 PM   #2  
CaptainForest
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Inventory Turnover = Cost of Goods Sold / Average Inventory

Or

Inventory Turnover = Sales / Inventory

See: http://www.investopedia.com/terms/i/...ryturnover.asp
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