For a merchandiser, inventory turnover refers to how many times:
A) during the period the company replaces its raw materials inventory.
B) the company buys and sells its inventory of goods.
C) the company produces and delivers its inventory of goods to customers.
D) the company orders inventory.

Question

Quizplus · Accepted Answer

Inventory turnover is a financial ratio that calculates how many times a company has sold and replaced its inventory during a given period, usually a year. It measures the pace at which a company sells its stock of goods and replaces it with new stock.

For a Merchandiser, Inventory Turnover Refers to How Many Times