sbingul
Dec 1, 2006, 07:18 AM
How calculate turnover for inventory?
CaptainForest
Dec 2, 2006, 11:42 PM
Inventory Turnover = Cost of Goods Sold / Average Inventory
Or
Inventory Turnover = Sales / Inventory
See: http://www.investopedia.com/terms/i/inventoryturnover.asp