Stock turnover ratio explanation
It indicates how many days the firm averagely needs to turn its inventory into sales. The ratio can be computed by multiplying the company's average inventories by 31 Oct 2018 Inventory turnover ratio reveals the number of times a business has sold and replaced products (i.e. inventory) over a fixed period of time. For Like most other turnover ratios, a higher STR is seen as positive because this indicates that the stock inventory is sold relatively quickly before they have a