How do decision makers use the inventory turnover ratio and age of inventory when analyzing a companys

Question:

How do decision makers use the and age of inventory when analyzing a company’s ﬁnancial data?
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...