Managing inventory is tricky. Even if you do your best, an inventory error or two or 10 can slip into your accounting. Even a single error can make trouble. The ...

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period. Inventory turnover is a ratio showing how many times a company has sold and ...

In industries such as retail, success depends on management's ability to make or buy the right amount of inventory and to move that inventory through the distribution system as quickly as possible.

A company's inventory can consist of the raw materials needed to create finished products, the actual finished products, components like overhead and labor, and more incidental items like office ...

A common figure in financial statements is the cost-of-goods sold; the COGS ratio is removed from a company's profits when calculating gross profit, which is a measure of profitability that assesses a ...

Having spent 17 years in the business of accounting and financial analysis, it's upsetting to see how few founders understand their company's inventory turnover. And even fewer realize it's a problem.

Though Costco (NASDAQ: COST) may be known for "frills" like above-average employee pay, when it comes to managing its balance sheet, it is ruthlessly efficient. This can be observed in the company's ...