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Inventory Turnover
A measure of how quickly a company sells and replaces its stock of goods in a given period.
Cost of Goods Sold
Expenditures directly connected to the creation of a company's sold products, encompassing materials and labor expenses.
Inventory
Inventory encompasses all the goods and materials that a business holds for the purpose of resale or as part of its raw materials for production.
Average Sale Period
The average time it takes for a company to sell its inventory, often used as an indicator of inventory management efficiency and demand for products.
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