The stock turnover ratio, also known as inventory turnover ratio, is a financial metric that measures how efficiently a company manages its inventory or stock. It indicates how many times the company's inventory is sold and replaced over a specific period, generally a year. The formula for calculating the stock turnover ratio is as follows: Stock Turnover Ratio = Cost of Goods Sold (COGS) / Average Inventory Where: COGS = Cost of Goods Sold during a specific period (usually a year) Average Inventory = Average value of inventory during the same period
Shri Narendra Modi flagged off MV Ganga Vilas - the first indigenously made cruise vessel in India - from which of the following place on January 13, 2023?
By what percentage did India's life expectancy decrease between 2019 and 2020 due to Covid-19?
Which two Indian states recently signed an MoU to enhance tourism cooperation?
Which country holds 21 % of the world's lithium reserves, and India is in the final stages of negotiating to acquire lithium blocks for exploration and ...
The Zika Virus currently outbreaks in which continent
Indian Railways recently signed an MoU with which country to enhance its technological collaboration and track maintenance?
What is the primary goal of the PREFIRE mission launched by NASA?
The National Payments Corporation of India (NPCI), has launched two conversational payments initiatives that are aimed at increasing convenience and acc...
ADB has provided how much loan to the government of India for financing the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System ...
Where is India’s first Constitution Museum located?