STOCK TURNOVER(OR TURNAROUND)


Meaning of STOCK TURNOVER(OR TURNAROUND) in English

the amount of times that the retailer stock is sold during the year. The formulae is: value of sales (at cost) during the period divided by the average value of the stock (at cost) X 100 (see average value of stock).

Raynet Business and Marketing English glossary.      Английский глоссарий компании Raynet Business and Marketing .