What is the term for the number of times per year that a company sells or replaces its average inventory?
A)stock rollover
B)average aggregate inventory
C)the average inventory replacement cycle
D)inventory turnover

Question

What is the term for the number of times per year that a company sells or replaces its average inventory?
A)stock rollover  
B)average aggregate inventory  
C)the average inventory replacement cycle  
D)inventory turnover

Quizplus · Accepted Answer

The term for the number of times per year that a company sells or replaces its average inventory is inventory turnover. Option A, stock rollover, is not a commonly used term in finance and accounting. Option B, average aggregate inventory, is a term that refers to the total value of inventory held by a company. Option C, the average inventory replacement cycle, is not a commonly used term in finance and accounting.

What Is the Term for the Number of Times Per