Inventory Turnover means, for each Fiscal Quarter, the quotient determined by dividing the cost of Inventory items sold during the most recent 12 month period by the Average Inventory for such period.
Inventory Turnover. Consolidated trailing twelve-month Cost of Goods Sold (COGS) divided by Inventory as stated at the end of the measuring period. Minimum ratio at any time: 1.00x
Inventory Turnover means an amount, determined as of June 30, 2001 and as of the last day of each calendar month thereafter, for the three-month period ending on such date, equal to (i) the product of the aggregate cost of goods sold for the applicable three-month period, multiplied by four (4), divided by (ii) the result of the aggregate gross book value of Inventory on the first day of each calendar month within such three-month period, divided by three (3). Inventory Turnover shall be calculated for the Designated Companies on a consolidated basis in accordance with GAAP and with reference to the financial statements of the Designated Companies for such period to be delivered to the Agents pursuant to Section 7.1."
Examples of Inventory Turnover in a sentence
FINANCIAL ANALYSIS Inventory Turnover The inventory turnover is calculated by dividing the cost of liquor by the average inventory in the system (Cost of Liquor/Average Inventory).
Inventory Turnover is the number of times a Company sells and replaces its inventory during a period.
For purposes of this appen- dix, Inventory Turnover is a ratio that meas- ures the turnover of a trading desk’s inven- tory.
Choice Mobility Wait List: If the Voucher Inventory Turnover or Project Turnover Cap is reached, CMHA will create and maintain a waiting list in the order in which the requests from eligible households were received.
Inventory Turnover reveals how many times a year the inventory is turned over.
More Definitions of Inventory Turnover
Inventory Turnover means, for any month-end, (a) the value of the Inventory of the Borrower as of the last day of such month, as stated in Borrower’s monthly financial statement calculated at the lower of cost and fair-market value, on a first-in, first-out basis and in accordance with GAAP, multiplied by 90 days divided by (b) the Cost of Goods Sold for the last three months.
Inventory Turnover means the Borrower's annualized cost of goods sold for the period measured, divided by the FIFO book value of the Borrower's inventory as of the last day of such period.
Inventory Turnover shall have the meaning specified in subsection 2(a)(A) hereof.
Inventory Turnover means, for any fiscal quarter, (a) the value of the Inventory of the Borrower and its Subsidiaries as of the last day of such fiscal quarter, calculated at the lower of cost and fair-market value, on a first-in, first-out basis and in accordance with generally accepted accounting principles, divided by (b) the greater of (i) four times the cost of sales for the Inventory of the Borrower and its Subsidiaries for such fiscal quarter and (ii) the aggregate cost of sales for the Inventory of the Borrower and its Subsidiaries for such fiscal quarter and the three immediately preceding fiscal quarters, multiplied by (c) 365 days.
Inventory Turnover means, at a particular date, the "Cost of Sales" as disclosed on the Company's year-to-date consolidated statements of income divided by the "Merchandise Inventory" amount set forth on the Company's consolidated balance sheets for such date.
Inventory Turnover means, for each Fiscal Quarter, the quotient determined by dividing the cost of Inventory items sold during the most recent twelve (12) month period by the Average Inventory (hereinafter defined) for such period. As used herein, "Average Inventory" means Inventory calculated by dividing the total of all ending Inventory for each month for the most recent thirteen