Inventory turnover equals the cost of goods sold divided by average inventory levels. Inventory days of supply is inventory divided by the cost of one day's goods sold.

An asset utilization ratio that indicates how long goods remain in inventory or unsold. The average inventory period ratio is measured by dividing days in a year by inventory turnover, (365 ...

Axel Tracy's book, "Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet," provided "Inventory Turnover" as the first of several efficiency ...

The inventory turnover ratio is an efficiency measurement that indicates the average number of sales cycles (based on the CoGS) the on-hand inventory will support.

4. Average days in inventory The 60 dealer groups showed an average days in inventory of 37 days — a figure that suggests room for improvement.

The GMC inventory level is down from the 86 days supply at dealerships in November 2024. It’s also slightly below the 73 days supply observed in December 2023.