An increase in inventory turnover probably indicates
A) An increase in inventory obsolescence.
B) A decrease in collections from customers.
C) An improvement in inventory management.
D) A difference between standard and actual materials costs.

Question

Quizplus · Accepted Answer

An increase in inventory turnover means that a company is selling its products more quickly, which suggests that they are managing their inventory more efficiently. This can lead to cost savings and increased profitability.

An Increase in Inventory Turnover Probably Indicates