Stock turnover (or stock turn)
1) A widely used measure of inventory performance expressed as the ratio of the cost of units sold to the average value of stock. (Source: ILT Supply-Chain Inventory Management SIG)
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Stock turnover (or stock turn) 1) A widely used measure of inventory performance expressed as the ratio of the cost of units sold to the average value of stock. (Source: ILT Supply-Chain Inventory Management SIG) Turnover 1) Total amount invoiced by the sea transport enterprise during the period under review. This total corresponds to market sales of goods or services supplied to third parties.
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