Calculating the average age of inventory is relatively simple, provided you have already conducted a valuation on the inventory. It is simply 365, the number of days in a given year, divided by ...

Reducing the average age of inventory involves having and accurate sense of what your customers will likely buy, as well as the rhythm of their purchases, ...

The average age of light-duty vehicles in the U.S. has increased by nearly two months from last year to reach an all-time high. Read more here at GM Auhtority.

Private furniture stores, on average, had 142 days of inventory on hand in 2013, based on preliminary estimates. That’s ... While the right age of inventory can vary by company and by industry, ...

Explore the future of auto dealership inventory management, focusing on strategies to adapt to market changes, manage pricing, and optimize used car sales for profitability. The News Media of the ...

Car Dealer Inventory Is Nearly Back to Normal Cars are Crazy Expensive. The average age of 12.5 years is a record for American car ownership, and is a result of multiple factors.

It wasn’t all that long ago when most dealers really only worried about one or two things in their used vehicle departments—the average front-end gr 3 Ways Dealers Work To Minimize Inventory ...

The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices and slim pickings on dealer lots held on to cars longer.

The average age of electric vehicles in the U.S. is 3.8 years of age this year, down from 3.9 last year, and has been hovering between 3 and 4.1 years since 2016. Reporting by Kannaki Deka in ...