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Inventory turnover is a ratio that measures the number of times inventory is sold or consumed in a given time period.

Also known as inventory turns, stock turn, and stock turnover, the inventory turnover formula is calculated by dividing the... (More)

Definition of MSMEs has been revised to allow MSMEs to aim for expansion and not lose benefits. Also, there'll be no distinction between manufacturing & services sector MSMEs.

New definition:

Micro units with investment till Rs 1 cr, turnover up... (More)

Chirag Agrawal
Logistics and Data Analytics Expert

The Inventory Turnover KPI measures how many times a year your organization is able to sell its entire inventory. To calculate inventory turnover, use the following formula:

Cost of Goods Sold รท Average inventory

Inventory turnover is an important indicator... (More)