Inventory Turnover Time
Helps You Identify If
What is my inventory turnover time? Efficiency ratios are a great way of analysing the underlying operational efficiency of a business. Jazoodle assesses the efficiency of a company in a number of ways. Areas such as client revenue collection, or how effective its employees are in generating revenues and keeping costs at reasonable levels.
How do you measure the efficiency of people and processes within your organisation? The inventory turnover time is a great way of doing this, and an indicator of company efficiency. Assess this over time and compare periods. In Jazoodle, we assess and compare ITT across financial years as well as on an individual monthly basis.