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Q: What is the definition of stock turnover?
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How do you calculate stock turnover period?

Stock turnover period = Closing stock x 365 / cost of sales


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


Stock turnover ratio?

Cost of goods sold/Average Stock * 100


What is the definition of Turnover as per Income tax Act?

Turnover is not defined in Income Tax Act.Correct me if i am wrong.


What is the definition of staff turnover?

In a human resources context, turnover or staff turnover or labour turnover is the rate at which an employer gains and loses employees. Simple ways to describe it are "how long employees tend to stay" or "the rate of traffic through the revolving door".


What is the definition of average stock turnover period?

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).


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 definition of stock market?

A stock exchange. Sorry that's not very helpful but it was the dictionary definition..


What is the definition of turnover as per companies act?

Thirdly, the term "Turnover" is not defined in the Schedule or in the Definition section 2 of the Act. The said definition can be borrowed from section 43A, though the said provision is more or less inoperative since passing of the Companies (Amendment) Act, 2000. The said definition says that "Turnover" means aggregate value of the realisation made from sale, supply or distribution of goods or on account of services rendered, or both by a Company during the financial year.


An aircraft company would have an low inventory turnover?

An aircraft company will incur low inventory turnover if the stock is purchased as bulk and demand is low, thus slow discharge of inventory.


How do you calculate the cost of preferred stock?

stock turnover rate is calculated as: =cost of good sold/average stock


What is the negative impact on good inventory turnover ratio?

An unusually high Inventory Turnover Ratio compared to Industry could mean a Business is losing sales because of inadequate stock on hand.