Inventory Turnover Ratio
The Inventory Turnover Ratio mobile app offers a simple way to calculate your average inventory
5,000 Companies save time and money with GoCanvas
amount using the turnover ratio. Easily accessible from a smartphone or tablet, the app calculates the cost of goods sold over a year divided by the average inventory during the year.
The results calculated by the inventory management app can be downloaded into a .csv file and used for reports that can predict future turnover ratios.
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