The inventory turnover ratio measures the number of times inventory is

Name: The inventory turnover ratio measures the number of times inventory is
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The inventory turnover ratio measures how many times inventory is sold during a period of time, typically a year. It is calculated by dividing the cost of goods sold by the average inventory during the same time period. This ratio is used to measure how efficiently a company is managing its inventory and how quickly it is selling its products.

The Inventory Turnover Ratio Measures the Number of Times Inventory