Meaning Of The Word Inventory turnover

Real Dictionary

What's the definition of Inventory turnover? Find Inventory turnover meanings, definitions and more at the Real Dictionary online.

Inventory turnover Meaning

Inventory turnover Definition
Inventory turnover Definition

What's The Definition Of Inventory turnover?

inventory turnover in Accounting
noun: Inventory turnover is a measure of the efficiency of a company, that is calculated by dividing the cost of goods sold by average inventory.

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Soak up ‐ to absorb or take in or up by absorption; phrasal…
  • To get the lion's share of sth ‐ to receive the largest portion of…
  • European elk ‐ noun: the moose…
  • Effeminacy ‐ the quality or state of being effeminate; noun:…
  • Bennington ‐ town in SW Vt.: in a Revolutionary battle (1777)…
  • Handbagging ‐ noun: an assault with…
  • Outreach program ‐ noun; noun: a programme designed to help and encourage…
  • Ewell ‐ ˈ Richard Stoddert (ˈstɑdərt ) 1817-72; Confederate…
  • Overwire ‐ noun: a spiral-bound book in which the spiral…
  • Bedroom ‐ a room with a bed, for sleeping in; having to…