Stock Turnover MAC
jewels.p
Registered Posts: 1,774 Beyond epic contributor 🧙♂️
What is the best way to calculate Stock Turnover? I have written down Inventories/COS x 365 Days (if required in days)
But in the MAC June 2010 Paper Task 2.2 I can't calculate COS as there is no opening stock.
I managed to calculate the Raw Materials Stock Turnover from dividing Stocks by Material Production Cost (that was a guess) but how do I calculate the Finished Goods Stock Turnover?
But in the MAC June 2010 Paper Task 2.2 I can't calculate COS as there is no opening stock.
I managed to calculate the Raw Materials Stock Turnover from dividing Stocks by Material Production Cost (that was a guess) but how do I calculate the Finished Goods Stock Turnover?
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