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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
inventory turnover ratio==cogs/average inventory average inventory=opening inventory + closing inventory/2 average inventory =4500+5500/2 =5000 inventory turnover ratio = 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