Examlex
MATCHING
-A group of related paragraphs with a black circle or other character that appears to the left of the paragraph
Cost of Goods Sold
This refers to the direct costs attributable to the production of the goods sold by a company, including materials and labor.
Inventory Turnover
A measure of how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
Receivables Turnover
A financial metric that measures how efficiently a company collects cash from its credit sales by calculating the number of times receivables are turned over during a period.
Payables Turnover
A financial ratio that measures how fast a company pays its suppliers, calculated as the cost of sales divided by average accounts payable.
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