Question

ho guys

what is inventory turnover ratio ???​

Answer 1

Answer:

Inventory turnover is a ratio that measures the number of times inventory is sold or consumed in a given time period. Also known as inventory turns, stock turn, and stock turnover, the inventory turnover formula is calculated by dividing the cost of goods sold (COGS) by average inventory.

Explanation:

HOPE IT HELP YOU PLZ MARK ME AS BRAINLEAST

Answer 2

Answer:-

• Inventory turnover is a ratio that measures the number of times inventory is sold or consumed in a given time period. Also known as inventory turns, stock turn, and stock turnover, the inventory turnover formula is calculated by dividing the cost of goods sold (COGS) by average inventory.

@ItzShinde