Merchandise Inventory Turnover Ratio

on . Posted in Project Management Engineering

Merchandise inventory turnover ratio, abbreviated as MI, measures how well a company is turning their inventory into sales.

 

merchandise inventory turnover ratio Formula

\(\large{ MI =  \frac{ COS }{ A }  }\) 
Symbol
\(\large{ MI }\) = merchandise inventory turnover ratio
\(\large{ A }\) = average
\(\large{ COS }\) = cost of sales

 

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