Which of the following is an important measure of the average movement of goods "on and off the shelf" of a company?
A) Proﬁt margin.
B) Price/earnings ratio.
C) Gross inventory ratio.
D) Inventory turnover ratio.

Question

Quizplus · Accepted Answer

Inventory turnover ratio is a key metric that measures how efficiently a company manages its inventory by calculating the number of times inventory is sold or used in a given time period. This reflects the average movement of goods "on and off the shelf."

Which of the Following Is an Important Measure of the Average