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inventory rate

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  • Inventory turnover — The Inventory Turnover is an equation that equals the cost of goods sold divided by the average inventory. Average inventory equals beginning inventory plus ending inventory divided by 2. Inventory Turnover EquationThe formula for inventory… …   Wikipedia

  • inventory — inventoriable, adj. inventorial, adj. inventorially, adv. /in veuhn tawr ee, tohr ee/, n., pl. inventories, v., inventoried, inventorying. n. 1. a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods… …   Universalium

  • Inventory Turnover — A ratio showing how many times a company s inventory is sold and replaced over a period. the The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand or inventory… …   Investment dictionary

  • Inventory turnover — The ratio of annual sales to average inventory which measures the speed that inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales. The New York Times Financial Glossary * * * inventory… …   Financial and business terms

  • inventory turnover — The ratio of annual sales to average inventory, which measures the speed at which inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales. Bloomberg Financial Dictionary * * * inventory… …   Financial and business terms

  • Rate contract — A Rate Contract or a Rate Agreement (RC in short) is a procurement cost reduction stategy aimed at standardizing procurement prices for commonly procured, homogenous and price varying inputs. TimingA rate contract is usually attempted when a… …   Wikipedia

  • inventory turnover — stock turnover A ratio that measures the number of times items of stock are used annually. To obtain an accurate measure of stock turnover the following formula is used for each commodity: number of units used per annum/number of units in stock.… …   Accounting dictionary

  • inventory-clearance sale — noun a sale to reduce inventory • Syn: ↑clearance sale • Hypernyms: ↑sale, ↑cut rate sale, ↑sales event …   Useful english dictionary

  • rate of stock turnover (stock turn) — the ratio of cost of goods sold over average stock (at cost). This indicates how many times, on average, the entire inventory ( stock) was sold and replaced during the year. Glossary of Business Terms …   Financial and business terms

  • rate of turnover — turnover ratio The frequency, expressed in annual terms, with which some part of the assets of an organization is turned over (i.e. replaced by others of the same class). In order to calculate how frequently stock is turned over, the total sales… …   Accounting dictionary

  • Millon Clinical Multiaxial Inventory — The Millon Clinical Multiaxial Inventory III (MCMI III) is a psychological assessment tool intended to provide information on psychopathology, including specific disorders outlined in the DSM IV. It is intended for adults (18 and over) with at… …   Wikipedia

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