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ROI has become a true partner for us, one who always supports us in a skilled, very customer-oriented manner when it comes to tricky issues involving logistics.
Klaus Boog, Managing Director of Finances, Processes, and IT, Remmers AG

Survey 5 - Formula 2

 

Which formula is used for Inventory turnover calculation?
Cost of goods sold * Average inventory
Cost of goods sold / Average inventory
Average inventory / Cost of goods sold
(Cost of goods sold + Average inventory) / 2
What am I