How To Calculate Inventory Turnover | Indeed.com
https://www.indeed.com/career-advice/career-development/how-to-calculate-inventory-turnover
WEBJun 24, 2022 · Inventory turnover refers to your company's ability to replace its inventory in a given period. The rate of this, known as the inventory turnover rate, is the number of times this turnover happens. In other words, it's the rate at which your company's inventory is "turned" or "sold" to consumers.
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