Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, ...

Inventory is a blanket term used to describe the goods that a business sells. For example, a car dealership's inventory consists of the cars that the dealership sells. A bakery's inventory consists of ...

Inventory management is a critical skill for business managers and a major consideration for investors and economists. To understand the subtlety of this art, we can use a quantitative metric -- ...

The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...