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Inventory turnover period

This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

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January 20, 2022 at 9:19 pm #647157
humai
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Inventory turnover period and inventory holding time is same thing or different?
January 21, 2022 at 10:13 am #647190
John Moffat
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They are the same and are the average time for which inventory is being held.
However the inventory turnover (without the word ‘period’) is the sales divided by the average inventory.
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