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According to your annual financial statements and accounting records, your cost of goods sold is $60,000 and the ending inventory is $20,000. After dividing $20,000 into $60,000, your inventory ...
As a distributor with quick asset/inventory turnover, Sysco is largely able to pass on inflation costs. Sysco passed through 15.0% inflation in the US segment which increased their revenues for ...
Turnover can also be used in the investment world to indicate how a portfolio changes over 12 months. This is one metric investors consider when choosing funds.