# Inventory Turnover Ratio

Business / Accounting / Inventory Turnover Ratio: A measure of the efficiency with which inventory is managed: computed by dividing cost of goods sold by average inventory for a period.

## Other Words for Ratio

Ratio Adverb Synonyms: proportion, relationship, correlation, correspondence
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## Other Words for Turnover

Turnover Noun Synonyms: gross (revenue), (total) business, volume
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### Inventory Turns

Business / Finance / Inventory Turns: The ratio of annual cost of sales to inventory, commonly used as a rough measure of inventory management efficiency. Also known as inventory turnover ratio or simply turns. MORE

### Number Of Days Of Inventory On Hand

Business / Accounting / Number Of Days Of Inventory On Hand: An alternative measure of how well inventory is being managed: computed by dividing 365 days by the inventory turnover ratio. MORE

### Parity Ratio

Business / Agriculture / Parity Ratio: The ratio of the prices received index, 1910-14=100, to the prices paid index on a 1910-14=100 base (called the parity index). The parity ratio is a measure of relative price relationships. It is not MORE

### Partial Obscuration

Science / Weather / Partial Obscuration: Denotes that 1/8th or more of the sky, but not all of the sky, is hidden by any surface-based phenomena in the atmosphere, excluding precipitation. It often reduces horizontal visibility but not the v MORE

### Packer Concentration

Business / Agriculture / Packer Concentration: The degree to which a few large firms dominate total sales within segments of the meat packing industry, which, some farmers and other critics contend, can cause or at least contribute to lower prices MORE

### P-E Ratio

Business / Finance / P-E Ratio: Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for \$25.50 per share and has earned \$2.55 per share this year; \$25.50 = 10 MORE