MPR Sanjay Kumar (3118 Points)
18 October 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 18 October 2021
Inventory/material cost of sales or revenue = days. It tells us, how efficiently material was purchased, converted and sold. The lower the number of days, the better
MPR Sanjay Kumar
(3118 Points)
Replied 18 October 2021
My dear sir ,I need deep interpretation clear
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 18 October 2021
Inventory turnover ratio gives the number of days it took the owner to buy, manufacture and sell. It shows how many times owner purchased and sold inventory. Lots of other versions online google
MPR Sanjay Kumar
(3118 Points)
Replied 18 October 2021
Oh ok sir 👍 thank you very much my honourable sir............very useful...........forumala of inventory turnover ratio??
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 18 October 2021
Better than google, read working capital chapter in your finance text books, good explanation will be given
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5227 Points)
Replied 18 October 2021
Working capital is used to fund operations and meet short-term obligations. If a company has enough working capital, it can continue to pay its employees and suppliers and meet other obligations, such as interest payments and taxes, even if it runs into cash flow challenges. so working capital analysis is a heart of the management of a company
vasamsetty ramaiah
(chartered accountant)
(31 Points)
Replied 23 October 2021
The number of times the inventory rotates or cycle during the year
vasamsetty ramaiah
(chartered accountant)
(31 Points)
Replied 23 October 2021
The number of times the inventory rotates or cycle during the year
vasamsetty ramaiah
(chartered accountant)
(31 Points)
Replied 23 October 2021
The number of times the inventory rotates or cycle during the year
vasamsetty ramaiah
(chartered accountant)
(31 Points)
Replied 23 October 2021
The number of times the inventory rotates or cycle during the year
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