Interested to Buy Any Domain ? << Click Here >> for more details...
Stock Turnover Ratio?
- 22 Answers
- 67090 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
Stock Turnover Ratio =
Cost of Goods
Average Stock
| Is This Answer Correct ? | 97 Yes | 18 No |
Answer / harneet kaur
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:
STR=COGS/Av. stock
| Is This Answer Correct ? | 85 Yes | 7 No |
Answer / maheswari.m
The rate of stock turn over in units is calculated by
taking no. of units sold during the time period divided by
the average units of inventory on hand for the
time.
stock turn over ratio=cost of goods sold/average stock
| Is This Answer Correct ? | 42 Yes | 12 No |
Answer / ravichandra
stock turnover ratio show the relationship between cost of
goods sold and average stock.
formula
= cost of goods of sold/average stock
average stock= opening stock+closing stock\2
| Is This Answer Correct ? | 24 Yes | 4 No |
Answer / tushar papalkar
Stock turnover ratio is used to know How many times stock
utilised for particular sales
formula
Cost of goods sold/Average stock
or
Sales /Average stock
| Is This Answer Correct ? | 24 Yes | 7 No |
Answer / vinotha.v
stock turnover ratio =
COST OF GOODS SOLD / AVERAGE STOCK*100
COST OF GOODS SOLD = SALES_ GROSS PROFIT
OR
OPENING STOCK + PURCHASE + DIRECT EXPENSES - CLOSING STOCK
| Is This Answer Correct ? | 22 Yes | 5 No |
Answer / shamba
STOCK TURNOVER RATIO = COST OF GOODS SOLD/AVERAGE INVENTORY
COST OF GOODS SOLD= SALES -GROSS PROFIT
AVERAGE INVENTORY = (OP STOCK +CLOSING STOCK) /2
THIS RATIO ESTABLISHES RELATIONSHIP BETWEEN THE COST OF
GOODS SOLD AND AVERAGE INVENTORY CARRIED OUT.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / lakshmi
stock turnover ratio = Cost of goods sold/Average stock
where, Cost of goods sold is Opening stock + Purchases +
Direct expenses-closing stock
Average stock is openeing stock + closing stock /2
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / rajesh
stock Turnover Ratio =
Cost of Goods\Average Stock
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / sam
Stock Turnover Ratio = Cost of Goods Sold/Average Stock
For year 2008 = 7.2067 times
For year 2007 = 6.556 times
Analysis:- Stock turnover ratio shows that every rupee
invested in stock has been used to achieve more sales. A
firm with high ratio can sell even at a low margin.A higher
ratio indicates that the firm is making higher sales and
that it’s storage cost is low.
| Is This Answer Correct ? | 7 Yes | 1 No |
what is Derivative?
what is VAT ?
pls explain the clear difference between Depreciation and Demortization?
tell me something about urself?
23 Answers Accenture, CMS, Cognizant, ICICI, Nipuna, TCS, Thomas Cook, Wipro,
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
How to decide the number of voucher files to be maintained ? What are the possible voucher files?
what is sunk cost
Have you worked with other on team endeavors
Expand R B I
what is public ltd company and difference between public ltd company and public sector undertaking?
6 Answers Capital IQ, College School Exams Tests,
Expand---------RSTB
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
Audit 
