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Consignor
A person or company that sends goods to a consignee to be sold or returned, retaining ownership until sale.
Consignee
The party to whom goods are shipped and held in trust until they are sold, at which point payment is made to the consignor.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of the company in selling its products.
Cost of Goods Available for Sale
The total cost of merchandise or inventory that a business has available to sell to customers during a certain period, including both beginning inventory and purchases made during the period.
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