In Inventory Turnover calculation, what is taken in the numerator?
انوینٹری ٹرن اوور کے حساب کتاب میں، عدد میں کیا لیا جاتا ہے؟
- Closing Stock.
- Opening Stock
- Cost of Goods Sold,
- Sales
Explanation
In Inventory Turnover calculation, what is taken in the numerator Cost of Goods Sold
In the first option, when determining the inventory turnover,
the numerator used the cost of goods sold,
while the average value of the inventory for the analyzed period serves as a denominator.
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