Maintaining inventory is a huge cost for many businesses, especially in the retail industry. The longer a product sits on store shelves, the more it deteriorates, and the greater the chances are that ...

For companies that sell a product, inventory is a major consideration. The more inventory you have, the more money that’s tied up in a static product. Until you sell the product, that money isn’t ...

Inventory turnover ratio can help companies better handle product inventory management. Companies like to keep tabs on inventory, and with good reason. Accurate, up-to-date inventory management is a ...

When you run a business, looking at financial ratios can provide you with valuable information that can help you make decisions impacting the success of your enterprise. One of the important ratios ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Eric's career includes extensive work in both public and corporate accounting ...

Knowing just how much inventory is enough for current or projected sales can be a daunting task for any business. Too much on-hand inventory can cut into profits, and too little inventory may mean ...

Here's how Costco's inventory turnover ratio compares to other companies, and why a higher inventory turnover rate is a key advantage in retail. The inventory turnover ratio can be defined as the ...