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The inventory turnover ratio: Reveals how many days a company can sell inventory if no new merchandise is purchased. Is used to analyze profitability. Is

The inventory turnover ratio:

Reveals how many days a company can sell inventory if no new merchandise is purchased.

Is used to analyze profitability.

Is used to measure solvency.

Calculation depends on the companys inventory valuation method.

Reveals how many times a company sells its merchandise inventory during a period.

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