STOCK ROTATION RIGHTS Definition

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STOCK ROTATION RIGHTS is a contractual stipulation that allows for a distributor to return up to a stipulated percentage of purchased goods to the supplier over a stipulated period of time. These rights are intended to ensure that a distributor is not overburdened with excessive or obsolete inventory from the supplier that granted the stock rotation rights.

Learn new Accounting Terms

THALER is a currency of Bohemia, Germany, Hungary, Roman Empire, Prussia etc.

COGS (COST OF GOODS) RATIO = COGS / Total Sales.

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