Inventory turnover and Fixed Assets turnover Ratio
Arvind kumar (Student) (5 Points)
12 January 2024Arvind kumar (Student) (5 Points)
12 January 2024
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 12 January 2024
Inventory / cos is usual. If you don’t have cos, you can use sales. But you must use this consistently. These are efficiency ratios and inventory turnover tells us number of days and asset turnover shows how 1 unit of asset produced sales
sabyasachi mukherjee
(27574 Points)
Replied 13 January 2024
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 January 2024
sabyasachi mukherjee
(27574 Points)
Replied 13 January 2024
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 13 January 2024
I think one is percentage and the other times
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 13 January 2024
I heard all jobs will be automated including CA. Ratios will automatically be calculated by one person. Automation makes life easier and wages lighter