average period of turnover of inventories
简明释义
存货周转平均周期
英英释义
The average period of turnover of inventories refers to the average time it takes for a company to sell its entire inventory and replace it with new stock. | 库存周转的平均周期指的是公司销售其全部库存并用新库存替换所需的平均时间。 |
例句
1.The company has improved its efficiency, resulting in a shorter average period of turnover of inventories (存货周转的平均周期).
公司提高了效率,导致存货周转的平均周期变短。
2.The average period of turnover of inventories (存货周转的平均周期) for this quarter has decreased significantly.
本季度的存货周转的平均周期显著下降。
3.By analyzing the average period of turnover of inventories (存货周转的平均周期), we can identify slow-moving products.
通过分析存货周转的平均周期,我们可以识别出滞销产品。
4.A lower average period of turnover of inventories (存货周转的平均周期) indicates better inventory management.
较低的存货周转的平均周期表明更好的库存管理。
5.Retailers aim to reduce the average period of turnover of inventories (存货周转的平均周期) to improve cash flow.
零售商希望减少存货周转的平均周期以改善现金流。
作文
The concept of the average period of turnover of inventories is crucial for businesses that manage physical goods. It refers to the average time it takes for a company to sell its entire inventory during a specific period. Understanding this metric helps businesses assess their operational efficiency and inventory management practices. In essence, the average period of turnover of inventories indicates how well a company converts its stock into sales, which is vital for maintaining cash flow and profitability.To calculate the average period of turnover of inventories, one must first determine the inventory turnover ratio. This ratio is calculated by dividing the cost of goods sold (COGS) by the average inventory for a given period. Once the turnover ratio is established, the average period of turnover of inventories can be found by dividing the number of days in the period (usually 365 days for a year) by the inventory turnover ratio. For instance, if a company has an inventory turnover ratio of 6, the average period of turnover of inventories would be 365 divided by 6, which equals approximately 61 days. This means it takes the company, on average, 61 days to sell its entire inventory.Understanding the average period of turnover of inventories is particularly important for retailers and manufacturers. A shorter turnover period often signifies strong sales and effective inventory management, while a longer turnover period may indicate overstocking or weak sales performance. Businesses strive to optimize this period to ensure they are not tying up too much capital in unsold goods. Excessive inventory can lead to increased holding costs, such as storage fees and insurance, and can also result in obsolescence, especially in industries where products have a limited shelf life.Moreover, the average period of turnover of inventories can vary significantly across different industries. For example, perishable goods like food items typically have a much shorter turnover period compared to luxury items like jewelry. Therefore, businesses must benchmark their performance against industry standards to gain meaningful insights into their inventory management practices.In addition to helping businesses gauge their inventory efficiency, the average period of turnover of inventories can also inform strategic decisions. If a company identifies that its turnover period is longer than the industry average, it may prompt a reevaluation of pricing strategies, marketing efforts, or supply chain processes. On the other hand, a favorable turnover period might encourage a business to expand its product lines or increase production to meet rising demand.In conclusion, the average period of turnover of inventories is a vital metric that plays a significant role in inventory management and overall business performance. By understanding and optimizing this period, companies can improve their cash flow, reduce holding costs, and enhance customer satisfaction through timely product availability. As businesses continue to navigate the complexities of supply chains and consumer behavior, mastering the average period of turnover of inventories will remain essential for sustaining competitive advantage in the marketplace.
“存货周转平均周期”这一概念对管理实物商品的企业至关重要。它指的是公司在特定时期内销售其全部库存所需的平均时间。理解这一指标有助于企业评估其运营效率和库存管理实践。实质上,“存货周转平均周期”表明公司将库存转化为销售的能力,这对于维持现金流和盈利能力至关重要。要计算“存货周转平均周期”,首先必须确定存货周转率。该比率通过将销售成本(COGS)除以给定期间的平均库存来计算。一旦确定了周转率,就可以通过将周期中的天数(通常为一年365天)除以存货周转率来找到“存货周转平均周期”。例如,如果一家公司有6的存货周转率,则“存货周转平均周期”为365除以6,约等于61天。这意味着该公司平均需要61天来销售其全部库存。理解“存货周转平均周期”对于零售商和制造商尤其重要。较短的周转周期通常表明强劲的销售和有效的库存管理,而较长的周转周期可能表明库存过多或销售表现疲软。企业努力优化这一周期,以确保不会在未售出商品上占用过多资本。过多的库存会导致增加的持有成本,如存储费用和保险费用,并且在产品保质期有限的行业中,可能导致过时。此外,“存货周转平均周期”在不同的行业之间可能差异显著。例如,像食品这样的易腐品通常具有比奢侈品如珠宝更短的周转周期。因此,企业必须将其绩效与行业标准进行基准比较,以获得有关其库存管理实践的有意义的见解。除了帮助企业评估其库存效率外,“存货周转平均周期”还可以为战略决策提供信息。如果一家公司发现其周转周期比行业平均水平长,可能会促使其重新评估定价策略、营销工作或供应链流程。另一方面,良好的周转周期可能会鼓励企业扩展产品线或增加生产,以满足日益增长的需求。总之,“存货周转平均周期”是一个重要的指标,在库存管理和整体业务表现中发挥着重要作用。通过理解和优化这一周期,公司可以改善现金流、降低持有成本,并通过及时的产品可用性提高客户满意度。在企业继续应对供应链和消费者行为的复杂性时,掌握“存货周转平均周期”将仍然是维持市场竞争优势的关键。
相关单词