Average Inventory

Average Inventory

The value of a company's inventory over a period of time. One calculates the average inventory by adding the value of inventory at the beginning of an accounting period to the value at the end and dividing by two.
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Concrete blocks building 1,680 SF running convenience store, average inventory holding $20,000, high turn over; ii) three pumping gas pumping stations under canopy 2,280 SF pumping 10,000 g/mo.
While the industry average inventory is around 65 selling days, Hyundai has an inventory of less than half that with just 27 selling days worth of vehicles.
Note that during these same comparable periods (using that last QTR for comparison) the average inventory dropped from 9411 to 8620, a drop of over 8% (NABOR).
In addition to the new part-pricing feature, SiliconExpert has integrated average inventory lead-times from distributors into its component management suite (http://www.
For a glimpse of how important this ratio can be, consider this comparison: One store has an average inventory of $50,000 and sales of $200,000 per year; another store has an average inventory of $100,000 and the same sales figure.
Divide the cost of goods by average inventory to see how long it takes to sell inventory.
The 1990's showed significant drops in average inventory levels.
As a result of these conditions, average inventory costs were not able to decline as quickly as cash purchase costs for raw materials.
a leading supplier of collaborative solutions to optimize the supply chain, announced today that a recent survey conducted by Aberdeen Group has found that Logility customers have a high degree of technology adoption and above average inventory performance benefits.
Average Inventory per store decreased 14% versus last year.
At GM, June's incentive programs successfully drove above- average inventory levels down.
Average inventory is calculated as the simple average of beginning and ending inventory for the same period used in determining the numerator.