Inventory turnover cost of goods sold average inventory
- The inventory turnover ratio is computed by dividing cost of goods sold by average inventory
- Inventory turnover ratio cost of goods sold average inventory
- Inventory turnover ratio = cost of goods sold / average inventory
- Inventory turnover is calculated as cost of goods sold divided by average inventory
- The inventory turnover ratio equals cost of goods sold divided by average inventory
- Inventory turnover can be calculated by dividing cost of goods sold by average inventory
- The inventory turnover ratio is defined as cost of goods sold divided by average inventory
- A formula for calculating inventory turnover is cost of goods sold cogs )/ average inventory at cost