Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

Calculating average inventory is an effective tool for cost control and decision-making purposes. The figures indicate the amount of inventory your company is using daily, which allows you to ...

When you get inventory in, how long does it take to sell? The faster your inventory turns over, the more money you're making. Slow turnover may indicate you're not managing inventory well. Calculating ...

Here's how Costco's inventory turnover ratio compares to other companies, and why a higher inventory turnover rate is a key advantage in retail. The inventory turnover ratio can be defined as the ...