Inventory Turnover Ratio Explained | Retail Dogma

Inventory turnover ratio is a very important metric in retail & ecommerce. It measures how many times a company sells and replaces its inventory during a given period of time; usually calculated for a year. This metric gives an idea about how efficiently a retail business is managing its inventory.

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[leepsgg]

You sound young with good business knowledge. As long as you stay dedicated and don't get distracted, you'll get far in life

[mradel]

Thanks for posting this smart explanation. It's very helpful and clear.

[EMbembi]

How do you calculate the turnover when you have only the closing inventory in your data?

[tranhanacci]

It's so cool, thank you! May I ask why COGS/Average Inventory = IT, so if IT is expected to be high, then COGS is also expected to be high right? But is it good for the COGS to be high, bc it means production cost is high, or maybe is it related to high sales?

[कॉम्पिटिशन_एग्जाम]

Post some more video regarding electronic appliances store video and about their reports