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Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory and Average Inventory = ( Beginning Inventory + Ending Inventory ) / 2
The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables
The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables
stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory
AnswerRevenueemployee turnover: the ratio of the number of workers that had to be replaced in a given time period to the average number of workers
the formula of calculating account receivable turnover = Net Sales/ average gross receivable
turnover ratio +
Cost of goods sold/Average Stock * 100
To calculate the inventory turnover ratio, you need to divide the cost of goods sold by the average inventory. To find the average inventory, add the beginning and ending inventory levels and divide by 2. In this case, the average inventory is (4500 + 5500) / 2 = 5000. The inventory turnover ratio would be 20000 / 5000 = 4.
Labor turnover is the ratio of the number of workers replaced to the average number of workers employed during a given time period.
Merchandise turnover ratio = 360 / 40 = 9 times