Stock turnover

 

 

 

Stock turnover

 

Glossary of business

 

Definition of stock turnover

 

Stock turnover is a ratio that measures the number of times in a year a business sells their stocks. It is calculated by dividing the cost of sales by the stock figure. This gives the 'number of times' that a firm has sold their stock in a year. A high figure is desirable but the figure will vary a lot according to the industry the firm operates in and so it is essential to compare it with similar firms.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of stock turnover

 

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Meaning of stock turnover

 

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