Inventory turnover rate

Related BrainMass Solutions

• Explanation of the turnover rate

  There are two other turnover rates which are inventory turnover ratio and accounts receivable turnover ratio . I am also going to define those but your question's answer is the asset turnover rate which is also the most commonly used one.

• Inventory Turnover, Days in Inventory, and Gross Profit Rate

  This solution illustrates how to compute the inventory turnover, days in inventory, and gross profit rate.

• Gross Profit rate and turnover ratios

  90830 Gross Profit rate and turnover ratios Instructions Compute the following for 2004: (a) Gross profit rate. (b) Inventory turnover. (c) Receivables turnover.

• inventory turnover rates

  If a company has too low of an inventory turnover rate what would this indicate? If a company has too high of an inventory turnover rate what would this indicate?

• In practical terms, how would you determine the inventory turnover rate for a HCO which focuses on patient care? How would you use this rate to help manage such a HCO's inventory levels? What are the key problems and issues involved in calculating and using the inventory turnover rate in HCOs?

  In practical terms, how would you determine the inventory turnover rate for a HCO which focuses on patient care? How would you use this rate to help manage such a HCO's inventory levels?

• Organic Grocers, Inc: Inventory turnover, performance to ind

  A low turnover than industry implies poor sales and excess inventory levels. High level of inventory means raised investment in inventory providing zero rate of return.

• Retail mathematics sales percentage

  102359 Retail mathematics sales percentage The buyer of women's gloves currently has an average inventory of $20500, with an annual turnover rate of 4.0.

• Inventory turn over rate/cost

  10605 Inventory turn over rate/cost BI:$18,500 (in sales figures)purchases $44,700(at cost)net sales $50,300 (sales figures) markup is 22% based on cost, determine inventory turnover at cost..and at sales price End Inventory = BI+Purchase-Net Sales=18500

• Inventory turns

  At the end of the year, the inventory balance was $33,000. What is the inventory turnover rate? Inventory turnover rate = Cost of goods sold/Average Inventory =402000/((31000+33000)/2) =12.56 times.