Inventory turnover ratio

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muskanp...@gmail.com

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Sep 22, 2021, 7:48:28 AM9/22/21

to noc21-mg7...@nptel.iitm.ac.in

Hi,

I have a question about what is happening in this video at 00:09:04 -

http://www.youtube.com/watch?v=tSkPHe8P9x8#t=544s.

Why not here the inventory turnover is calculated bu using sales?.

Thanks!

Reference Key - Key('StudentQuestionEntity', 5070398407311360, namespace='ns_noc21_mg75')

NOC21 MG75

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Sep 22, 2021, 2:18:39 PM9/22/21

to Discussion forum for Financial Accounting, muskanp...@gmail.com

Dear participant

Yes, we can take Sales also.

Thanks & Regards

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