Stock Turnover Ratio?
Answers were Sorted based on User's Feedback
Answer / phani
This ratio establishes relationship b/w the cost of goods
sold during a given period and the average amount of
inventory carried during that period.
It indicates whether the stock has been efficiently used or
not,the purpose being to check up whether only the required
minimum has been locked up in stocks.
FORMULA:
cost of goods sold /avarage stock*100
| Is This Answer Correct ? | 10 Yes | 32 No |
what is the diferenece between cost accounting & financial accounting, with example?
what is the journal entry? goods purchased by ram on credit for 1000 which includes vat rs.100 in it
why BRS is used
Expand ________DMHO
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
details about capital market and derivatives
expand T I N
what is tha p/e ratio?
10 Answers Capital IQ, Edelweiss,
what is diffarant tds and incometex.
Expand ________BCD
18) Difference between Income & Expenditure and Profit and Loss Account?
4 Answers D-Mart, JPMorgan Chase,
what is actual meaning of Tax Deduction at source