That is correct! Stock turns over 1.71 times in a year. I prefer to look at it in terms of days. So divide The inventory turnover into 365 and you get the average number of days that stock sits on the shelf. In your example 365/1.71 = 213 days. SNL has averaged a stock turnover of between 187 and 229 days over the past 10 years with an average of 207 days, so nothing out of the ordinary this year.
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Last
$37.51 |
Change
0.090(0.24%) |
Mkt cap ! $1.630B | |||
| Open | High | Low | Value | Volume |
| $38.91 | $38.91 | $37.21 | $1.725M | 45.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 211 | $37.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.73 | 211 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| SNL (ASX) Chart |