What you Need ?
Income Statement, Balance Sheet
FormulaInventory Turnover Ratio = Costs of Goods Sold / Average Inventory
MeaningIf the company you're analyzing holds has inventory, you want that company to be selling it as fast as possible, not stockpiling it. The inventory turnover ratio measures this efficiency in cycling inventory. By dividing costs of goods sold (COGS) by the average amount of inventory the company held during the period, you can discern how fast the company has to replenish its shelves. Generally, a high inventory turnover ratio indicates that the firm is selling inventory (thereby having to spend money to make new inventory) relatively quickly.
Player | Profit |
---|---|
IRFAN ALI
Lahore, Pakistan |
+10.3% |
Irfan Ali
Lahore, Pakistan |
+8.7% |
Waleed Moon
Karachi, Pakistan |
+7.9% |
Saeed Hussain
Lahore, Pakistan |
+6.9% |
mihammad aijaz
Karachi, Pakistan |
+6.8% |