Examlex
Fill in the correct labels for the following figure using the word bank below.
-B _____
Days' Sales
A measure often used in the context of 'Days' Sales in Inventory' which indicates the average number of days it takes for a company to sell its inventory.
Raw Materials Inventory
Consists of the basic materials and components required to manufacture goods.
Production
The process of creating, manufacturing, or enhancing products or services for sale.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency in managing stock levels.
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