Which of the following statements about inventory turnover for food and beverage operations is TRUE?

B$)$ An inventory turnover rate measures the number of times in a period that inventory is converted into revenue.

C$)$ A sharp decrease in the inventory turnover rate may result in stockouts.

D$)$ The value of goods in inventory is typically calculated on a daily or weekly basis.

A$)$ As the inventory turnover rate decreases, less money is being invested in inventory.