Merchandise Inventory Turnover Ratio

Written by Jerry Ratzlaff on . Posted in Manufacturing Engineering

merchandise inventory turnover ratio Formula

\(\large{ MI =  \frac{ COS }{ A }  }\)   

Where:

\(\large{ MI }\) = merchandise inventory turnover ratio

\(\large{ A }\) = average

\(\large{ COS }\) = cost of sales

 

Tags: Equations for Manufacturing