Sales turnover is used to calculate the time in which an entire load of inventory is sold through. The more sales your company does, the higher the sales turnover rate. You can measure sales turnover ...
Moving inventory out of your warehouse and into your customers' hands is a major objective of running a profitable business. The faster your inventory sells, the quicker you recoup your purchase costs ...
The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...
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