0
The average value of products kept for sale during an accounting period. It is calculated by adding the value of the products at the beginning of the period and the value at the end of the period and then dividing the total by two (2).
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Stock turnover ratio?
Cost of goods sold/Average Stock * 100
How do you calculate stock turnover ratio?
stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory
What is the accounting formula for inventory turnover days?
Inventory Turnover Ratio -=Cost of Goods SoldAverage or Current Period Inventory= Cost of Goods Sold / Average Stock(1) Cost of Goods Sold = Opening Stock+Purchase+Direct Expenses-Closing StockorCost of Good Sold = Sales - Gross Profit(2) Average Stock = (Opening Stock+Closing Stock)/2By Rajesh KhandelwalE-mail - Humhain4you@rediffmail.com
How does stock holding period affect turnover?
Well turnover implies to multiple trade transactions. Anytime the shareholder decides to trade, holding period, and trade value is relevant.
What is the difference between revenue and turnover?
Revenue is the amount of money that comes in from sales, so "sales" and "revenue" are the same. Turnover is the quantity of stock sold over an indicated period, expressed either in monetary value or number of units.
How do you calculate stock turnover period?
Stock turnover period = Closing stock x 365 / cost of sales
Stock turnover ratio?
Cost of goods sold/Average Stock * 100
How do you calculate stock turnover ratio?
stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory
What is the accounting formula for inventory turnover days?
Inventory Turnover Ratio -=Cost of Goods SoldAverage or Current Period Inventory= Cost of Goods Sold / Average Stock(1) Cost of Goods Sold = Opening Stock+Purchase+Direct Expenses-Closing StockorCost of Good Sold = Sales - Gross Profit(2) Average Stock = (Opening Stock+Closing Stock)/2By Rajesh KhandelwalE-mail - Humhain4you@rediffmail.com
How does stock holding period affect turnover?
Well turnover implies to multiple trade transactions. Anytime the shareholder decides to trade, holding period, and trade value is relevant.
How do you calculate stock holding ratio?
Stock holding ratio is the same as inventory turnover ratio. To find this ratio one must find the cost of goods sold to a business and its average inventory over a certain time period.
What is the difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
Difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
How a stock list can help determine the opening stock and closing stock within a trading period?
definition for the elements of food cost: opening stock
How do you calculate the cost of preferred stock?
stock turnover rate is calculated as: =cost of good sold/average stock
What is the difference between revenue and turnover?
Revenue is the amount of money that comes in from sales, so "sales" and "revenue" are the same. Turnover is the quantity of stock sold over an indicated period, expressed either in monetary value or number of units.
What are Activity Ratios?
Activity Ratios or Efficiency Ratios are used to measure the effectiveness of a firm's use of resources. Good companies would always put their resources to optimum utilization. Better the activity or efficiency ratio, the better it is for the company and it means the company is utilizing its resources properly and effectively. The ratios that come under this category are: 1. Average Collection Period 2. Degree of Operating Leverage 3. Days Sales Outstanding Ratio 4. Average payment period 5. Asset Turnover Ratio 6. Stock Turnover Ratio 7. Receivables Turnover Ratio
