Inventory Turnover

Business / Finance / Inventory Turnover: The ratio of annual sales to average inventory, which measures the speed at which inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales.

Other Words for Turnover

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

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

Portfolio Turnover

Business / Taxes / Portfolio Turnover: Portfolio turnover is the rate at which a mutual fund manager buys or sells securities in a fund, or an individual investor buys and sells securities in a brokerage account. A rapid turnover rate, whi MORE

Portfolio Turnover Rate

Business / Finance / Portfolio Turnover Rate: For an investment company, an annualized rate found by dividing the lesser of purchases and sales by the average of portfolio assets. MORE

Perpetual Inventory Method

Business / Accounting / Perpetual Inventory Method: A system of accounting for inventory in which detailed records of the number of units and the cost of each purchase and sales transactions are prepared throughout the accounting period. MORE

Perpetual Inventory

Business / Accounting / Perpetual Inventory: A Perpetual Inventory is one whose balance is updated after each and every transaction. See Inventory . MORE

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