Beginning inventory is the book value of a company’s inventory at the start of an accounting period. It is also the value of inventory carried over from the end of the preceding accounting period.

Depending on the industry, the rate at which a company turns over its inventory may be a key indicator of success. For an investor, the inventory turnover ratio reveals something of the quality of ...

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Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...