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From the Following Details, Calculate Inventory Turnover Ratio: - Accountancy

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प्रश्न

From the following details, calculate Inventory Turnover Ratio:

 
Cost of Revenue from Operations (Cost of Goods Sold) 4,50,000
Inventory in the beginning of the year 1,25,000
Inventory at the close of the year 1,75,000
बेरीज
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उत्तर

Inventory Turnover Ratio=`"Cost of goods Sold"/"Average Stock"`

Cost of Goods Sold = 4,50,000

Average Stock = `("Opening Stock + Closing Stock")/2`

= `(125000 + 175000)/2` = 150000

Inventory Turnover Ratio = `450000/150000` = 3 times

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पाठ 3: Accounting Ratios - Exercises [पृष्ठ ९९]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
पाठ 3 Accounting Ratios
Exercises | Q 61 | पृष्ठ ९९
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