Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices.

Spot charter rates for LNG carriers have risen off last month’s rock-bottom levels as cargo activity ticked up and a little tightness filtered into the market.

Asset turnover is the ratio of total sales to average assets, and it's used to help investors figure out how effectively a company is using its assets to create revenue.

The formula for Inventory Turnover Ratio is: Inventory Turnover Ratio = Cost of Goods Sold (COGS) / Average Inventory In this formula, Cost of Goods Sold (COGS) refers to the direct costs of ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow.

Inventory turnover is a financial ratio that measures a company’s efficiency in managing its stock of goods.

Discover how to effectively account for inventory purchases with this straightforward guide. Learn the importance of accurate inventory accounting, the principles behind it, and the different ...