inventory turns

 How many times inventory is sold and replaced per year.
 ► “Overburdened inventories, resulting in poor inventory turns and on-time performance that is far less than desirable, are serious problems for many companies.” (Production & Inventory Management Journal, Second Quarter 1995, p. 39)

American business jargon. 2014.

Look at other dictionaries:

  • Inventory turns — In business management, inventory turns often referred to as stockturn,stock turns, turns, and stock turnover. This measures the number of times invested in goods to be sold or used over in a year. mbox{Inventory Turns} = frac{Cost of Goods Sold… …   Wikipedia

  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • turns — turnover or turns Terms used to describe the number of operating cycles in a defined period of time or the length of each specific operating cycle. Typical turnover cycles are: the rate at which accounts receivable converts to cash, the rate at… …   Financial and business terms

  • Inventory turnover — The ratio of annual sales to average inventory which measures the speed that inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales. The New York Times Financial Glossary * * * inventory… …   Financial and business terms

  • inventory turnover — The ratio of annual sales to average inventory, which measures the speed at which inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales. Bloomberg Financial Dictionary * * * inventory… …   Financial and business terms

  • inventory turnover — Fin an accounting ratio of the number of times inventory is replaced during a given period. The ratio is calculated by dividing net sales by average inventory over a given period. Values are expressed as times per period, most often a year, and a …   The ultimate business dictionary

  • Belbin Team Inventory — The Belbin Team Inventory, also called the Belbin Self Perception Inventory or the Belbin Team Role Inventory, is a test used to gain insight into an individual s behavioural type. It was developed by Dr. Meredith Belbin after studying numerous… …   Wikipedia

  • stock turns — or stock turnover Ops see inventory turnover …   The ultimate business dictionary

  • GMROII — Gross Margin Return on Inventory Investment (GMROII) is a ratio in microeconomics that describes a seller s income on every dollar spent on inventory. It is one way to determine how valuable the seller s inventory is, and describes the… …   Wikipedia

  • Theory of constraints — Part of a series of articles on Industry Manufacturing methods Batch production • Job production Continuous production Improvement method …   Wikipedia

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