To calculate inventory turnover, divide the cost of goods sold by average inventory for the quarter or for the year. Use this information to determine if inventory turnover supports the number of quarterly or yearly sale... More »

The inventory turnover ratio is a formula that displays how many times inventory is replaced over a period of time by dividing cost of goods sold over average inventory. This ratio is used to identify the efficiency of i... More »

Inventory turnover is calculated by the cost of goods sold divided by the company's average inventory over a specified period. It is a ratio that shows how quickly a company sells and subsequently restocks its inventory ... More »

www.reference.com Business & Finance Business Resources Managing a Business

The inventory turnover ratio is a formula that displays how many times inventory is replaced over a period of time by dividing cost of goods sold over average inventory. This ratio is used to identify the efficiency of i... More »

StarChefs explains that food cost percentage is figured by taking the total beginning inventory cost plus purchases minus the ending inventory costs; then dividing that number by food sales. More »

According to the Internal Revenue Service, fair market value can be calculated based on the current selling price of the property, the price of comparable goods, the cost to replace the item or the opinion of experts on ... More »

Inventory turnover is calculated by the cost of goods sold divided by the company's average inventory over a specified period. It is a ratio that shows how quickly a company sells and subsequently restocks its inventory ... More »

www.reference.com Business & Finance Business Resources Managing a Business