Any inventory turnover less than 4 is considered to be poor performance.

Name: Any inventory turnover less than 4 is considered to be poor performance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory turnover rates can vary significantly across different industries, so a turnover rate of less than 4 is not universally considered poor. What is considered a good or poor turnover rate depends on the specific industry and the nature of the products being sold.

Any Inventory Turnover Less Than 4 Is Considered to Be