Inventory Turnover

Financial Definition of Inventory Turnover

Meaning of Inventory Turnover

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

Related Entries of Inventory Turnover in the Encyclopedia of Law Project

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Inventory Turnover in Historical Law

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Legal Abbreviations and Acronyms

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