Examlex
Points where the gradient of the stream changes abruptly, such as waterfalls
and rapids, are called nickpoints.
Ending Inventory
The estimation of goods on hand for sale at the termination of an accounting period, figured by the formula: starting inventory plus acquisitions minus the cost of goods sold.
Inventory Turnover Ratio
A measure of how rapidly inventory is sold or used in a given period, calculated by dividing cost of goods sold by average inventory.
Days' Sales
Often refers to days' sales outstanding (DSO), which measures the average number of days it takes a company to collect payment after a sale has been made.
Inventory
Goods and materials that a business holds for the ultimate goal of resale or processing.
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