In industries such as retail, success depends on management's ability to make or buy the right amount of inventory and to move that inventory through the distribution system as quickly as possible.

When discussing turnover in relation to inventory, it is a reference to how quickly the company is pulling in product sales. To determine inventory turnover, you need to keep close track of the ...

An organization holds inventory in the form of raw materials and finished goods. Inventory comprises the raw materials and finished goods held by the organization during a given period. From an ...

Having spent 17 years in the business of accounting and financial analysis, it's upsetting to see how few founders understand their company's inventory turnover. And even fewer realize it's a problem.

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Michela Buttignol Annual ...

Tesla lags behind the auto manufacturing heavyweights on one key metric. What does that mean for the electric vehicle maker? This figure is especially important given that Tesla is about to begin what ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

Similarly, Restoration Hardware sells high-end home furnishings to particularly picky buyers. A simple armchair on the company's website comes in as many as four styles, five wood finishes, and 45 ...