Average Age Of Inventory Average time taken in number of days for a firm to sell its inventory product. Formula: (average cost of inventory at its present level divided by cost of goods sold) multiplied by 365. … [Read more...]
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Average Age Of Inventory Average time taken in number of days for a firm to sell its inventory product. Formula: (average cost of inventory at its present level divided by cost of goods sold) multiplied by 365. … [Read more...]