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A high inventory turnover ratio provides evidence that a company is having problems with stockouts and disgruntled customers. Do you agree? Explain.

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A high inventory turnover ratio provides evidence that a company is having problems with stockouts and disgruntled customers. Do you agree? Explain.

 

Answered Same Day Dec 27, 2021

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Robert answered on Dec 27 2021
115 Votes
A high inventory turnover ratio provides evidence that a company is having
problems with stock outs and disgruntled customers. Do you agree? Explain.
I don’t agree with this statement .Inventory turnover ratio expresses the relation
etween cost of sales and average inventory. It is not...
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