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Give me a good example of stock turnover?

pl z give any company example of turn over

1 Answer

Stock turnover measures how well the company is making use of the capital that has been invested in stock.
The formula is the following:
Cost of goods sold
Stock turnover ratio = --------------------------

It shows how many times over the business has sold the value of its stocks during the year. A large figure may indicate poor inventory management. The quicker a business turns over its stocks, the better. 
Some businesses have to hold large value of stock to meet customer needs. Fast-food outlets turnover their stocks over several times each week, while a distributor of industrial products may turn stocks over 10—20 times per year.

Stock turnover can be improved by
- Introduce lean production techniques
- Sell-off obsolete stocks
- Return stocks to suppliers

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