Condition Monitoring/Predictive Maintenance

What Is A Stock Turn? [Maintenance Tip]

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Because inventory requires a significant financial investment and that investment involves significant ongoing costs, it is also important to measure the financial performance.  Tracking the value of inventory is important for cash management purposes.  However, an additional financial measure that often gets overlooked is stock turn ratio. The stock turn is calculated by dividing the annual usage of the inventory (in dollars) by the value of inventory held (also in dollars).

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