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प्रश्न
From the following details, calculate Inventory Turnover Ratio:
| Annual Revenue from Operations | ₹ 2,00,000 |
| Gross Profit Rate | 25% on Cost |
| Inventory: Opening | ₹ 38,500 |
| Closing | ₹ 41,500 |
संख्यात्मक
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उत्तर
Let the Cost of Revenue from operation be x.
Gross Profit = Revenue from operation − Cost of Revenue from operation
`25/100 xx x` = ₹ 2,00,000 − x
x + `25/100` x = ₹ 2,00,000
`125/100` x = ₹ 2,00,000
x = `(₹ 2,00,000 xx 100)/125`
Cost of Revenue from operation (x) = ₹ 1,60,000
Average Inventory = `("Opening Inventory + Closing Inventory")/2`
= `(₹ 38,500 + ₹ 41,500)/2`
= `(₹ 80,000)/2`
= ₹ 40,000
Inventory Turnover Ratio = `"Cost of Revenue from Operations"/"Average Inventory"`
= `(₹ 1,60,000)/(₹ 40,000)`
= 4 Times
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