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Stock Turnover Ratio?

Answers were Sorted based on User's Feedback



Stock Turnover Ratio?..

Answer / phaneendra

cost of goods sold/avarege stock*100

Is This Answer Correct ?    19 Yes 31 No

Stock Turnover Ratio?..

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

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