What is inventory turnover? What does it tell a stakeholder about how the entity is managing its

Question:

What is inventory turnover? What does it tell a stakeholder about how the entity is managing its inventory? What could be some reasons for a decreasing ? What could be some reasons for an increasing ?

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...