英语词汇“number of days of inventory on hand”的翻译、意思、用法、释义-英汉经管词典

单词	number of days of inventory on hand
释义	number of days of inventory on hand Definition A ratio measuring the average number of days an item is held in the inventory. Since inventory cost represents the opportunity cost of funds, this ratio indicates how well inventory is being managed, and is one of the elements in determining the operating cycle of a company. Formula: Number of units in inventory x 365 ÷ Annual usage in number of units.
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