If the inventory turnover changed from 4 times to 6 times over a number of years suggests an improvement.

Name: If the inventory turnover changed from 4 times to 6 times over a number of years suggests an improvement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in inventory turnover from 4 times to 6 times indicates that a company is selling its inventory more quickly, suggesting improved efficiency in managing inventory and potentially better financial health.

If the Inventory Turnover Changed from 4 Times to 6