Inventory Efficiency Ratios: Turnover Ratio & Days Ratio

Inventory turnover, or the inventory turnover ratio, is the number of times a business sells and replaces its stock of goods during a given period. On the other hand, Days Sales in Inventory (DSI), sometimes known as inventory days or days in inventory, is a measurement of the average number of days or time required for a business to convert its inventory into sales.

[muhammadvusatullahkhan]

Much appreciated, very well explained