Stock turnover

111beckstar111
111beckstar111 Registered Posts: 158 Dedicated contributor 🦉
in AAT Level 4 (Level 8 in Scotland)
HELP PLEASE!!

How do I work out Stock Turnover???

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  • CathG
    CathG Registered Posts: 142 Dedicated contributor 🦉
    iNVENTORY/SALES X 365

    gives you the stock turnover in days
  • 111beckstar111
    111beckstar111 Registered Posts: 158 Dedicated contributor 🦉
    Thanks for your help
    I'm Still stuck though.
    I'ts a paper my tutor has made up and I'm only stuck on this question, I tried applying that formula and having no luck.
    Can I possibly email you the paper and see if you can get the answer that way?
    The answer should be for MINI - 10days and MICRA 50days
  • 111beckstar111
    111beckstar111 Registered Posts: 158 Dedicated contributor 🦉
    Solved it now :laugh:

    Thanks for your help anway, much appreciated

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