Inventory turnover is an activity ratio and measures how many times the inventory is turned over to meet the total sales figure.

Name: Inventory turnover is an activity ratio and measures how many times the inventory is turned over to meet the total sales figure.
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Inventory turnover is an activity ratio and measures how efficiently a company is managing its inventory by calculating the number of times inventory is sold and replaced during a particular period.

Inventory Turnover Is an Activity Ratio and Measures How Many