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Measure of the number of times inventory is sold or used in a time period
In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to
Inventory_turnover
Goods held for resale
interested in inventory turnover ratio or average days to sell inventory since it tells them something about relative inventory levels. Inventory turnover ratio
Inventory
'average days to sell the inventory' which is calculated as: Average days to sell the inventory = 365 days Inventory Turnover Ratio {\displaystyle {\mbox{Average
Days_in_inventory
Topics referred to by the same term
the churn Inventory turnover or inventory turns, a measure of the number of times inventory is sold or used in a time period Sales turnover or revenue
Turnover
Products that are sold quickly and at a relatively low cost
consumer goods have a high inventory turnover and are contrasted with specialty items, which have lower sales and higher inventory holding costs. Many retailers
Fast-moving_consumer_goods
Ensuring the correct level of stock
purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in
Inventory_control
System involved in supplying a product or service to a consumer
suggests that the aim of a tightly coupled relationship is to reduce inventory and avoid stock-outs. There are a variety of supply-chain models, which
Supply_chain
Management of the flow of resources
themselves in both physical or monetary form, such as the standard inventory turnover. Unit loads are combinations of individual items which are moved by
Logistics
Function of understanding stock mix of a company and the different demands on that stock
Inventory management, also known as field inventory management, is the task of understanding the range and quantities of inventory (or "stock") held by
Inventory management (business)
Inventory_management_(business)
Concept in logistics
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Third-party_logistics
Response to a customer order in terms of design, manufacture and delivery
Digital copy (DC) - (D=0, P=0) Where products are digital assets and inventory is maintained with a single digital master. Copies are created on-demand
Order_fulfillment
Software designed to support and optimize warehouse and distribution center management
warehouse management system is to record the arrival and departure of inventory. Software which fulfils this function can offer features like recording
Warehouse_management_system
Measure of how efficiently a firm collects credit sales from customers
frameworks group receivables turnover with related measures such as days of sales outstanding, inventory turnover, and payables turnover because these ratios
Receivables_turnover_ratio
Inventory management identifier
In inventory management, a stock keeping unit (abbreviated as SKU, pronounced es-kay-YOU or SKEW) is the unit of measure in which the stocks of a material
Stock_keeping_unit
does consistent inventory turnover. However, managing obsolete stock is vital to avoid potential financial issues. Structured inventory planning can also
Inventory_planning
Topics referred to by the same term
Outsourcing International Trade Organization Inventory turnover, a measure of the number of times inventory is sold or used in a certain period of time
ITO
enables the user to set certain inventory control parameters (like a safety stock) and calculate the time-phased inventory requirements. This process is
Distribution resource planning
Distribution_resource_planning
Practice in logistics of unloading directly to customer or other transportation
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Cross-docking
Food courier service
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Food_delivery
Total cost of holding inventory
improvements base on the past events’ record. Cost accounting Inventory Inventory turnover Theory of constraints Throughput accounting Weighted average
Carrying_cost
forecast inventory levels based on sales volumes and therefore optimize the store's turnover ratios (the ratio of how many times inventory is sold and
Back-office_software
Work-flow to fulfil an order
(2012). "Order Picking: Methods and Equipment for Piece Pick, Case Pick, and Pallet Pick Operations". Inventory Ops Consultation. Retrieved 1 May 2015.
Order_processing
Last date to sell or use something
Retailers had used "closed dating" labels for many products to manage inventory turnover that ensured fresh products. In the late 1960s, housewife activists
Expiration_date
American businessman and philanthropist (born 1934)
compared to an industry average of 15 percent. Some plants were seeing inventory turnover figures as high as 40, compared with an average of four across most
Emmanuel_Kampouris
Building stocked with goods for delivery
of a single facility, sharing space, equipment, labor resources, and inventory as applicable. A typical retail distribution network operates with centers
Distribution_center
Management of the flow of goods and services
can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end-to-end order fulfilment from the point of origin
Supply_chain_management
American consumer electronics retail chain
Radio Shack — relatively small, with high profit margins but slow inventory turnover — Incredible Universe stores emphasized low prices, low margins, and
Incredible_Universe
Numerical value to determine the financial condition of a company
Sales/Average Net Receivables Inventory conversion ratio 365 Days/Inventory Turnover Inventory conversion period Inventory/Cost of Goods Sold × 365 Days
Financial_ratio
ratio, debtors turnover, debt ratio, and current ratio had negative coefficients. The study concluded that inventory turnover, asset turnover, debt-equity
Bankruptcy_prediction
Methodology aiming to ensure the optimal operation of a supply chain
and distribution supply chain. This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing
Supply_chain_optimization
American e-commerce surplus asset management company
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Liquidity_Services
Type of lean production method
Stockless production which drives inventory turnover rates, Reduction in footprint of processes with reduced inventory freeing floor space Productivity
Single-minute_exchange_of_die
Process of transporting goods from a source location to a predefined destination
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Delivery_(commerce)
In business operations, controlling the process of production of goods
productivity, raw material productivity, warehouse productivity (=inventory turnover). It is also useful to break up productivity in use U (productive
Operations_management
to delay purchases of existing units and some regions with slower inventory turnover may not see the newer units for some time Heckendorn, Ben (2008-11-10)
Xbox 360 technical specifications
Xbox_360_technical_specifications
Defunct department store franchise in US
Depression. To maintain low prices, S. Klein relied on very fast inventory turnover and low overhead costs; rent and staff salaries amounted to just 6-7%
S._Klein
Service in floristry
management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Optimization problems Assignment problem
Flower_delivery
Family of personal computers made by Apple
eliminated Apple's costly unsold inventory, and within one year, Apple had the industry's most efficient inventory turnover. Jobs's top priority was "to ship
Mac_(computer)
American citrus company
compared prices for apples and oranges side-by-side which increased inventory turnover and cash flow for the grocer. At the same time, California State Senator
Sunkist_Growers,_Incorporated
American business executive (1875–1966)
understanding, the reality remained slow inventory turnover and an accounting system that functionally treated inventory similarly to cash. In August 1938,
Alfred_P._Sloan
Russian food retailer
equipment characteristics, customer preferences, historical data on inventory turnover by product type, assortment by category, packaging size and type,
X5_Group
Path used to transport goods
passengers worldwide, covers a 15 million kilometer network, and has an annual turnover of 260 billion dollars. This mode of transportation links national, international
Trade_route
Method to avoid stock loss
therefore moved to the front of the shelf ahead of any unreduced stock. Inventory turnover rate US Food and Drug Administration (18 January 2023). "FDA Food
Stock_rotation
Keynote speeches given by Steve Jobs
announced that the company was back on track. He reviewed Apple's inventory turnover rate, describing changes in its distribution system and apple.com
Stevenote
Hong Kong retail chain
rarely use social media and instead focus on low pricing and quick inventory turnover. Sit pointed to several examples, including a Cheap Lab employee showcasing
Cheap_Lab
The Integrity Inventory (stylized as I2), is a nationally normed entry-level personnel selection tool that incorporates employment integrity testing.
Integrity_Inventory
Length of time that a commodity may be stored before it degrades
chain Digital permanence Expiration date Failure rate Food waste Inventory turnover Modified atmosphere Moisture sorption isotherm Moisture vapor transmission
Shelf_life
Application of economics in a business
ratios within the firm, most important ones include: Capital ratio Inventory turnover ratio Collection ratio Rate of return and cost of capital (i.e. interest
Managerial_economics
Swiss multinational fastener technology and logistics company
consulting and inventory management. As of 2025[update], the Group employed more than 3,300 people in 33 countries and generated a turnover of 1.068,946
Bossard_Group
American sport utility vehicle
vehicles in 2014 along with the Suburban, which posted even quicker inventory turnovers. The Yukon Denali was redesigned and updated along with other GM
Chevrolet_Tahoe
Extra stock kept to mitigate risks
little safety stock can result in lost sales and a higher rate of customer turnover. As a result, finding the right balance between too much and too little
Safety_stock
Overview of finance and finance-related topics
Fixed-asset turnover Long-term liabilities Debt-to-equity ratio Debt-to-capital ratio Working capital Current asset Current liability Inventory turnover / Days
Outline_of_finance
American electronics store chain
500-square-foot Radio Shacks, where fat gross profit margins and slow inventory turnovers are the norm, Tandy's two new Incredible Universe stores stress volume
RadioShack
Personality model consisting of five broad dimensions
important work outcomes such as job performance, training proficiency, and turnover. For example, an early meta-analysis found an estimated population correlation
Big_Five_personality_traits
Measurement that evaluates the success of an organization
knowledge-sharing. Employee turnover is a critical indicator for HRM. While traditionally seen as negative, research suggests that turnover may have more complex
Performance_indicator
Use of technology for auditing
software were to identify an anomaly that occurred in a ratio such as inventory turnover, it is still the responsibility of the audit team to decide whether
Audit_technology
Pharmacy care by telecommunication
telepharmacy business from 2002 through 2004 found that, while medication inventory turnover was lower than the industry average, the remote sites were able to
Telepharmacy
companies productivity by 30%, reduced waste by 37%, and increased inventory turnover by 90%.[citation needed] It had been launched with £27 million funding
Manufacturing Advisory Service
Manufacturing_Advisory_Service
Ratio of regional to local species diversity in ecology
diversity include "absolute species turnover", "Whittaker's species turnover" and "proportional species turnover".[citation needed] Whittaker proposed
Beta_diversity
Finnish furniture company
Oyj is a Finnish company supplying furniture. In 2024, Martela Group's turnover was EUR 86.7 million and it employed an average of 372 employees. Martela
Martela
Japanese accounting scholar (born 1952)
Total Liabilities and Owners’ Equity, ( x 3 ) {\displaystyle (x_{3})} Inventory Turnover Period, and ( x 4 ) {\displaystyle (x_{4})} Interest Expenses to Sales
Yoshiko_Shirata
British steel trading company
and inventory management. It is one of the world's largest independent steel traders and operates in 45 countries. In 2012, the company's turnover exceeded
Stemcor
population. The inventory accredits communities and organizations that help to preserve intangible cultural heritage. The inventory highlights elements
List of Intangible Cultural Heritage elements in Ukraine
List_of_Intangible_Cultural_Heritage_elements_in_Ukraine
Method of assessing human personality constructs
idea behind these personality tests is that employers can reduce their turnover rates and prevent economic losses in the form of people prone to thievery
Personality_test
Largest anoxic event in the Jurassic period and Phanerozoic eon
conditions near the Equator. Bivalves likewise experienced a significant turnover. The decline of bivalves exhibiting high endemism with narrow geographic
Toarcian_Oceanic_Anoxic_Event
Chinese online travel service conglomerate
their output by 13.5% versus the office-based control group, and their turnover rates fell by almost 50%. The company then allowed remote work company-wide
Trip.com_Group
equipment, such as aircraft, ordnances, air defenses, and retired aircraft inventory. PAF has made use of its existing equipment to fulfill its mandate while
List of equipment of the Philippine Air Force
List_of_equipment_of_the_Philippine_Air_Force
Dutch entrepreneur, founder of Spar (1898–1967)
made a turnover of 43.5 billion euros with 14,000 stores in 48 countries, of which 453 in the Netherlands, where Spar was founded. "Inventory of the archives
Adriaan_van_Well
Type of business industry usually conducted over the internet
marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce
E-commerce
Natural processes of carbon exchange
2020). "A spatial emergent constraint on the sensitivity of soil carbon turnover to global warming". Nature Communications. 11 (1): 5544. Bibcode:2020NatCo
Carbon_cycle
2026 drone strikes in Russia
group Russ, the combined Russ Wildberries group (RWB) reported a 2025 turnover of 6.1 trillion rubles (US$75 billion). As of 2026, Wildberries' share
Ukrainian strikes on Wildberries warehouses
Ukrainian_strikes_on_Wildberries_warehouses
Medical diagnostic method
Psychological Capital Questionnaire (PCQ) is an introspective psychological inventory consisting of 24 items pertaining to an individual's Psychological Capital
Psychological Capital Questionnaire
Psychological_Capital_Questionnaire
assets. This is the sum of gross fixed capital formation, changes in inventories, acquisitions less disposals of valuables and acquisitions less disposals
United Kingdom National Accounts – The Blue Book
United_Kingdom_National_Accounts_–_The_Blue_Book
Study of the attractiveness and the dynamics of a market
capacities, or in numbers of items. Qualitative measuring mostly uses the sales turnover as an indicator. That means that the market price and the quantity are
Market_analysis
Chemical transfer pathway between Earth's biological and non-biological parts
time that a chemical is held in one place is called its residence time or turnover time (also called the renewal time or exit age). Box models are widely
Biogeochemical_cycle
Indian fashion brand
store chain owned by Dubai-based conglomerate Landmark Group. Lifestyle's inventory consists of Indian and western apparels, footwear, handbags, beauty products
Lifestyle_(department_store)
Irish fintech company
Wayflyer is an Irish non-bank lender and inventory finance company which was founded in 2019 in Dublin, Ireland with a focus on consumer brands. It provides
Wayflyer
1979 US Federal Trade Commission ruling
failed to disclose the substantial business expense involved and the high turnover of distributors. Oral arguments were heard on June 6, 1978. The FTC stated
In_re_Amway_Corp.
Defunct American supermarket chain
Direct distribution, Consistent low pricing and discounting, Rapid turnover of inventory, and One-stop shopping. Store designs also took advantage of the
Schwegmann Brothers Giant Supermarkets
Schwegmann_Brothers_Giant_Supermarkets
German door manufacturer
America and Asia, and more than 6,000 personnel. The Hörmann Group's annual turnover is over 1 billion euro. Founded in 1935 by August Hörmann, the Hörmann
Hörmann
reported by United States government agencies: Business activity Wholesale Inventories Industrial Production (Federal Reserve) Capacity Utilization Regional
List of economic reports by U.S. government agencies
List_of_economic_reports_by_U.S._government_agencies
American industry
construction in 2004). Employee turnover in long-haul trucking is notorious for being high. In the 4th quarter of 2005, turnover for the largest carriers in
Trucking industry in the United States
Trucking_industry_in_the_United_States
American football season
Super Bowl era to allow fewer than ten sacks and have fewer than five turnovers in its first eight games of a season. Week 9 Marcedes Lewis became the
2025_NFL_season
Equivalence class in mathematics
which have k available colors. A k-ary bracelet, also referred to as a turnover (or free) necklace, is a necklace such that strings may also be equivalent
Necklace_(combinatorics)
Turkish defence company
your turnover in 2023? We achieved approximately 1.8 billion dollars in exports and 2 billion dollars in turnover. We grew by 8 percent in turnover compared
Baykar
Brand of rolling papers
artificial ingredients. After 6 years of operation E-Z Wider had annual turnover of $7 million. Robert Stiller, a founder of E-Z Wider rolling paper company
E-Z_Wider
Cybersecurity regulation in the European Union
to €15 million or 2.5 percent of the offender's total worldwide annual turnover for the preceding financial year. Fines do not apply to non-commercial
Cyber_Resilience_Act
Dutch international academic publisher
until Theunis Folkers took over the reins in 1934. At the time, the annual turnover was 132,000 guilders. His directorship marked a period of unprecedented
Brill_Publishers
Professional basketball tournament
rebounds, but committed 7 turnovers, while co-star Jaylen Brown also had 6 turnovers. Altogether, the Celtics committed 20 turnovers in the game. After a stellar
2025_NBA_playoffs
Professional basketball tournament
Timberwolves capitalized on turnovers, scoring 31 points off 20 Phoenix errors compared to the Suns' two points from Minnesota's 14 turnovers. In a dominant display
2024_NBA_playoffs
American hedge fund and financial services provider
being a revolving door," meaning that it had a high turnover rate. It is also reported that turnover is aligned with the hedge fund industry. In March 2015
Citadel_LLC
American engineering professor
earned a master's degree from University of Houston, where his thesis was "Turnover of Part-Time Hourly Employees in an Industrial Service Company" under the
Erick_Jones
Form of corporate self-regulation aimed at contributing to social or charitable goals
orientation among customer-facing employees. CSR is known for impacting employee turnover. Several executives suggest that employees are their most valuable asset
Corporate social responsibility
Corporate_social_responsibility
Social justice theory
unfairness are significant antecedents and determinants of turnover intention. In other words, turnover intention is a considerable outcome of an employee's
Organizational_justice
Professional basketball tournament
Additionally, his 51 points and zero turnovers set a playoff record for the most points in a game without any turnovers. There were four 50-point games this
2023_NBA_playoffs
Leadership philosophy
sales person turnover. When put into practice, servant leadership has a positive effect on a salesperson's turnover intentions because turnover is mainly
Servant_leadership
Leadership theory and research construct
Negative work experiences moved in the opposite direction, including turnover intention (ρ = −.307), bullying, counterproductive work behaviour, or deviance
Authentic_leadership
Species of grass
Dyckmans, Jens; Kuzyakov, Yakov (13 November 2017). "Carbon sequestration and turnover in soil under the energy crop Miscanthus : repeated 13 C natural abundance
Miscanthus_×_giganteus
Personality construct
negative effects (for example, increased bullying, conflict, stress, staff turnover, absenteeism, reduction in productivity) often causes a ripple effect throughout
Psychopathy
Retail supermarket chain in Bangladesh
1,600cr in 15 years, due to increasing cost. "Shwapno records highest turnover in its history". 11 May 2022. "Shwapno sees operating profit finally".
Shwapno
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