Equity Based Analysis > Ratios > Ratio List > Inventory Turnover - TTM |
This ratio shows the saling process speed of the company.
It is expected to be a high value.
Calculation:
Inventory Turnover - TTM = ABS ( Cost of Sales TTM ) / Inventory - AVG
Cost of Sales TTM is the sum of the Cost of Sales of the selected quarter and the previous 3 quarters.
Average Inventory is the average of the Inventory values of the selected quarter and the previous 4 quarters.
This ratio shows the average of Inventory Turnover - TTM values of the selected quarter and the previous 4 quarters.