Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

Inventory turns, or inventory turnover ratio, is a measurement of how quickly a company orders new raw materials and supplies versus how often it sells its finished products. Inventory is expensive to ...

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Accounting for turnover is often a useful practice in small-business management. Turnover is simplistic, but it provides a straight-forward way of assessing the efficiency of a business.