inventory turnover definition

Glossary: inventory turnover Inventory turnover is total cost of sales divided by inventory. Inventory turnover is usually calculated using the average inventory over an accounting period, not an ending-inventory value. Click here for more inventory turnover / Dictionary of Terms Enter your email address below for inventory turnover and Business Planning information. Definition: inventory turnover If you need assistance in developing a business plan, our staff of industry leading consultants can assist you in preparing a winning presentation. Contact us for a business plan quote to learn more about how we define inventory turnover and how we can help you complete your business plan today. Additional terms to learn about inventory turnover definitions Glossary: inventory turnover business plan definition - © 2001-2003 HJ Ventures International, Inc.