Home  Journals  Financial Analytics: Science and Experience  46(184) - 2013 December

Method of calculating the average turnover period of incoming inventory enterprise

Available online: 23 December 2013

Subject Heading: Financial management

JEL Classification: 

The average period of a turn of entering stocks of the enterprise, as a rule, is defined as the relation of work of average during the cost of stocks and duration of the studied period of time to prime cost size for the studied period. This methodical approach gives only a settlement formula, but does not establish functional dependence of the average period of a turn of entering stocks of the enterprise on indicators influencing it. The technique offered in article allows calculating the average period of a turn of entering stocks of the enterprise for data of its expeditious management accounting, to establish the factors influencing duration of the average period of a turn of stocks, and to reveal reserves for its reduction.

Keywords: stocks, enterprise, turnover, turn period

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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