INVENTORY TURNOVER Definition

Bookmark and Share

INVENTORY TURNOVER is a ratio that shows how many times the inventory of a firm is sold and replaced over a specific period.

Learn new Accounting Terms

STOCKOUT is running out of inventory, e.g. the demand or requirement for an item(s) cannot be fulfilled from existing inventory.

REVOLVING FUND is money that is renewed as it is used.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.