Inventory turnover ratio= COGS/Avg inventory
If only closing inventory given =20000
Now avg inventory amt will be only 20000 or 20000/2= 10000
Menu
FM ratios
Replies (1)
If you don’t need have previous year inventory, then use 20000
Recent Threads
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
- Should we go under Section 59 of IBC or Section 27
- HUF'S ISSUE
- Gst interest and penalty doubts
Related Threads
CAclubindia
