Most companies want a low inventory turnover ratio.

Name: Most companies want a low inventory turnover ratio.
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Question

Quizplus · Accepted Answer

Most companies actually want a high inventory turnover ratio, as it indicates that they are selling their inventory quickly and efficiently. A low inventory turnover ratio may indicate slow sales or an overstocked inventory, which can lead to increased costs and decreased profits.

Most Companies Want a Low Inventory Turnover Ratio