stock average cost formula
Voltas is in the business of manufacturing of AC and they are having a partnership with Youngster Company limited for selling their product every month they are selling 25000 quantities to the dealer. Relevance and Uses of Stock Turnover Ratio Formula.
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Average 135778 Average Formula Example 4.
. Average 108620 8. Stock Turnover Ratio Cost of Goods Sold Average Inventory. Finally the formula for a stock turnover ratio can be derived by dividing the cost of goods sold incurred by the company during the period step 1 by the average inventory held across the period step 2 as shown below.
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