Question

what is need to calculating turnover ratio?​

Answer 1

Answer:

Turnover Ratios Formula

1.Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory.

2. Receivables Turnover Ratio = Credit Sales / Average Accounts Receivable.

3. Capital Employed Turnover Ratio = Sales /Average Capital Employed.

4. Working Capital Turnover Ratio = Sales / Working Capital.