Examlex
The area at the top of a slide is called a(n) _________________________.
Days In Inventory Ratio
A financial metric indicating the average number of days a company holds inventory before selling it, calculated as inventory divided by cost of goods sold, then multiplied by 365 days.
Average Inventory
An accounting measure used to estimate the value of inventory over a certain period by averaging the beginning and ending inventory levels.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Ending Inventory
The final value of goods available for sale at the end of an accounting period.
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