单词 | inventory turnover |
释义 | inventory turnover inventory turnover (also inventory turn) noun [C,U] (also inventory turnover ratio [C])
(Accounting ) the relationship between the value of goods that a business sells in a particular period, usually 12 months, and the average value of the goods it has available to sell: An inventory turnover of 40 to 60 times means that, on average, the entire stock is replaced each week. They wanted to achieve 14 inventory turns a year. Supermarkets often have a high rate of inventory turnover, while furniture stores may have a much lower rate. SYN STOCK TURNOVER |
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