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Give a brief overview of the data-preparation process.
Inventory Turnover Ratio
A financial metric that measures how many times a company has sold and replaced its inventory over a specific period.
Cost of Goods Sold
The immediate financial obligations related to manufacturing goods sold by a company, involving workforce and materials.
Average Inventory
A calculation used to estimate the value or quantity of inventory a business has over a certain period, often used to evaluate inventory turnover.
Average Inventory
The mean value of a company's inventory over a specific period, used to analyze inventory levels and manage stock efficiently.
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