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प्रश्न
Cost of Revenue from Operations (Cost of Goods Sold) ₹5,00,000; Purchases ₹5,50,000; Opening Inventory ₹1,00,000.
Calculate Inventory Turnover Ratio.
उत्तर
Cost of Goods Sold = Opening Inventory + Purchases − Closing Inventory
5,00,000 = 1,00,000 + 5,50,000 − Closing Inventory
Closing Inventory = 1,50,000
Average Stock = `("Opening Stock + Closing Stock")/2`
`=(100000 + 150000)/2 = 125000`
Inventory Turnover Ratio=`"Cost of goods Sold"/"Average Stock"`
`= 500000/125000` = 4 times
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