Inventory Turnover Ratio Explained | Retail Dogma

👉 Learn 25+ key retail math calculations by taking the Retail Math Fundamentals course https://www.retaildogma.com/courses/r... Retail Benchmarks https://www.retaildogma.com/retail-be... We've trained professionals & executives who worked at Amazon, Adidas, American Eagle, Lacoste, Nestlé, Unilever, Nordstrom, Levi's, Accenture, Reliance Retail, Landmark Group, Alshaya Group, Lulu Hypermarket, Ross Stores, Albertsons, Debenhams, Calvin Klein, Prada & more. Learn how to manage inventory efficiently and generate the highest returns out of it https://www.retaildogma.com/courses/m... Inventory turnover ratio is a very important metric in retail & ecommerce. It measures how many times a company sells and replaces its inventory during a given period of time; usually calculated for a year. This metric gives an idea about how efficiently a retail business is managing its inventory. ABOUT US: Retail Dogma is an online platform that teaches retail & ecommerce; from the very basic knowledge for beginners, to the most actionable, technical, advanced knowledge. We cover everything from buying products, pricing, merchandising, managing sales, managing inventory, managing cash flow to managing financials. We've trained professionals & executives who worked at Amazon, Adidas, American Eagle, Lacoste, Nestlé, Unilever, Nordstrom, Levi's, Accenture, Reliance Retail, Landmark Group, Alshaya Group, Lulu Hypermarket, Ross Stores, Albertsons, Debenhams, Calvin Klein, Prada & more. Visit our website and start reading through our free retail management guides and articles, and download our free templates and cheat sheets that will help you while starting a retail or ecommerce business. 📕 Learn Retail & Ecommerce Management https://www.retaildogma.com/ Rasha's Linkedin   / rashamahmoud