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higher inventory turnover period

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › higher inventory turnover period

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  • September 19, 2017 at 4:01 pm #407963
    greenapp
    Member
    • Topics: 21
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    higher is better of inventory turnover period , what is the reason?

    September 20, 2017 at 8:10 am #408041
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54665
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    Because it will mean lower inventories and therefore less risk of inventory becoming obsolete or damaged and therefore not saleable.

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