INVENTORY TURNOVER title: inventory turnover (LO-LIS) (SAP Library - Glossary)
INVENTORY TURNOVER category: Logistics Information System (LIS) (LO-LIS)
INVENTORY TURNOVER explained:
The rate or number of times that stock is turned round in a given period.
Inventory turnover is calculated by dividing total consumption by mean stock and is one of the key figures in the Inventory Controlling information system. The higher the rate is the better. A high inventory turnover means that materials are not in storage a long time and storage costs are low.
More terms such as inventory turnover in Dictionary I.
- Manual Interface Component Selector:
- Help Character ~. A component comp of an interface intf can be addressed in an implementation class or a compound interface using intf~comp inventory turnover definition.
- Manual Internal Value Added:
- Help whether a business process is relevant to, or has a deciding influence on, the production of a product or service from an internal standpoint. The degree of influence on the value added is inventory turnover explain.
- Manual Individual Customer Requirement:
- Help requirement in a plant that is created by a sales order and transferred separately to materials planning (MRP). The system creates a new line in the requirements/stock overview of the material for inventory turnover what is.
- Manual Icon (BC-DOC):
- Help An image displayed on a screen that a user can click on in order to choose or select a particular function or software application inventory turnover meaning.
- Manual Industry System:
- Help The grouping together and categorization of industries in a group inventory turnover abbreviation.
