MLchartDataset catalogue

Inventory turn

Term · Logistics and supply chain · MLC-T-LOG-000150

A ratio showing how many times a company has sold and replaced its inventory over a specific period. It is calculated by dividing the cost of goods sold (COGS) by the average inventory value for the same period. A higher inventory turn number indicates efficient inventory management, while a low number suggests overstocking or weak sales.

Table 1. Record
IdentifierMLC-T-LOG-000150
FieldLogistics and supply chain
Record as JSON 
{
  "id": "MLC-T-LOG-000150",
  "term": "Inventory turn",
  "field": "Logistics and supply chain",
  "definition": "A ratio showing how many times a company has sold and replaced its inventory over a specific period. It is calculated by dividing the cost of goods sold (COGS) by the average inventory value for the same period. A higher inventory turn number indicates efficient inventory management, while a low number suggests overstocking or weak sales.",
  "url": "https://mlchart.com/terminology/logistics/inventory-turn/"
}

Record 162 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.