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Have I calculated inventory turnover correctly? Average...

  1. 220 Posts.
    Have I calculated inventory turnover correctly?

    Average inventory during the year: 25,806 (June '15) + 28,967 (June '16) / 2 = 27,386

    COGS: 25,806 + 49,988 (Changes in inventories of finished goods) - 28,967 = 46,827

    46,827 / 27386 = 1.71
 
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(20min delay)
Last
$36.70
Change
-0.350(0.94%)
Mkt cap ! $1.594B
Open High Low Value Volume
$37.50 $37.50 $36.48 $1.229M 33.50K

Buyers (Bids)

No. Vol. Price($)
1 188 $36.55
 

Sellers (Offers)

Price($) Vol. No.
$36.70 739 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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