The inventory turnover measures the average number of times that the inventory is sold during the period.

Name: The inventory turnover measures the average number of times that the inventory is sold during the period.
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Inventory turnover is a financial ratio that measures the number of times a company sells and replaces its stock of goods during a given period, indicating the efficiency of the company in managing and selling its inventory.

The Inventory Turnover Measures the Average Number of Times That