For Over 3 Decades , We have been a National Wholesale Liquidator of Residential , Commerial as well as Industrial , New and Unused Equipment , Parts and Supplies.
We specialize in helping businesses to address their slow-moving inventory that ties up valuable capital as well as warehouse space and is an impediment to their healthy financial growth.
Inventory Turnover :
The ratio of a company's annual sales to its inventory; or equivalently, the fraction of a year that an average item remains in inventory. Low turnover is a sign of inefficiency, since inventory usually has a rate of return of zero. For instance, if a company was able to generate $10 million in sales but averaged $5 million in inventory, the inventory turnover would be 10 million / 5 million = 2. This number indicates that there would be 2 inventory turns per year, meaning that it would take 6 months to sell all the inventory.
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