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Simple English definitions for legal terms

inventory-turnover ratio

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A quick definition of inventory-turnover ratio:

Inventory-Turnover Ratio: The inventory-turnover ratio is a way to measure how well a company is managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory. This helps companies understand how quickly they are selling their inventory and if they need to adjust their inventory management policies.

A more thorough explanation:

The inventory-turnover ratio is a financial metric used in accounting to measure the effectiveness of a company's inventory management policy. It is calculated by dividing the cost of goods sold by the average inventory.

Let's say a company has a cost of goods sold of $500,000 and an average inventory of $100,000. The inventory-turnover ratio would be 5 ($500,000 ÷ $100,000).

This means that the company sells and replaces its entire inventory five times in a given period, which could be a year or a quarter. A high inventory-turnover ratio indicates that a company is efficiently managing its inventory and selling products quickly, while a low ratio suggests that a company may be holding onto too much inventory or struggling to sell its products.

inventory search | in ventre sa mere

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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