Which ratio represents how many times a company replenishes its inventory during the year?

Question

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Inventory turnover represents the number of times a company replenishes its inventory during the year. It is calculated by dividing the cost of goods sold by the average inventory for a given period. A higher inventory turnover indicates that a company is selling inventory quickly, while a lower inventory turnover could indicate excess inventory or poor sales.

Which Ratio Represents How Many Times a Company Replenishes Its