A company's inventory can consist of the raw materials needed to create finished products, the actual finished products, components like overhead and labor, and more incidental items like office ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

Businesses are always eager to know if they are profitable. To stay on top of profitability, they will assess ways to improve efficiency, reduce costs, incentivize employees and optimize operations to ...

Tesla lags behind the auto manufacturing heavyweights on one key metric. What does that mean for the electric vehicle maker? This figure is especially important given that Tesla is about to begin what ...

The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...