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Product A's annual inventory turns is 8 and product B's annual inventory turns is 5. Which product spends more time in inventory on average

Respuesta :

The Product B which have an annual inventory turns of 5 is the product that spends more time in inventory on average.

What is annual inventory turns?

An annual inventory turns is also called Inventory turnover is a metric that indicates the rate at which a company sells and replaces its stock of goods during a particular period.

In conclusion, the Product B which have an annual inventory turns of 5 is the product that spends more time in inventory on average.

Read more about Inventory turnover

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