by Robert Brandon | Aug 22, 2023 | Inventory
Businesses run on cash flow. That’s a simple fact that no one can ignore, not even mega-corporations like Walmart and Amazon. For retailers, this extends to inventory. Put simply, no cash flow means no cash to purchase more inventory, which means no sales. This...
by Micah Hartmann | Nov 16, 2020 | Inventory
Key takeaways The inventory turnover ratio measures how quickly inventory is sold within a specific timeframe. It is used to indicate sales efficiency and product marketability, empowering businesses to make informed decisions. The inventory turnover ratio formula is:...
