days of average inventory on hand

简明释义

平均库存天数

英英释义

例句

1.A lower days of average inventory on hand indicates better inventory management.

较低的平均库存天数表明更好的库存管理。

2.The company aims to reduce its days of average inventory on hand to improve cash flow.

公司旨在减少其平均库存天数以改善现金流。

3.Our goal is to keep the days of average inventory on hand below 30 days.

我们的目标是将平均库存天数保持在30天以下。

4.The days of average inventory on hand has increased due to supply chain disruptions.

由于供应链中断，平均库存天数增加了。

5.By analyzing the days of average inventory on hand, we can identify slow-moving products.

通过分析平均库存天数，我们可以识别滞销产品。

作文

Understanding the concept of days of average inventory on hand is crucial for businesses that manage inventory. This metric provides insight into how long a company can sustain its operations before needing to restock its inventory. Essentially, it measures the average number of days that inventory is held before it is sold or used in production. For example, if a company has an average inventory of $100,000 and its cost of goods sold (COGS) is $1,000,000 per year, the days of average inventory on hand can be calculated by using the formula: (Average Inventory / COGS) * 365. In this case, it would be (100,000 / 1,000,000) * 365, which equals 36.5 days. This means that, on average, the company holds its inventory for about 36.5 days before it is sold.The significance of days of average inventory on hand lies in its ability to help businesses optimize their inventory management. A lower number of days suggests that a company is selling its inventory quickly, which can indicate strong demand for its products. Conversely, a higher number of days may signal overstocking or slow sales, prompting a review of inventory practices. For retailers, understanding this metric can also aid in making informed decisions about purchasing and promotional strategies.Moreover, the days of average inventory on hand can vary significantly across different industries. For instance, a grocery store may have a much lower average compared to a furniture retailer due to the perishable nature of its products. Therefore, companies must benchmark their performance against industry standards to gain a clearer perspective on their inventory management efficiency.In addition to operational insights, tracking days of average inventory on hand can also have financial implications. Companies that manage their inventory efficiently can reduce holding costs, such as warehousing and insurance, and improve cash flow. This allows them to reinvest in other areas of the business, such as marketing or product development, ultimately driving growth.Furthermore, technology plays a significant role in monitoring and improving days of average inventory on hand. Advanced inventory management systems can provide real-time data, enabling businesses to make swift adjustments based on current sales trends and seasonal fluctuations. By leveraging data analytics, companies can predict demand more accurately and adjust their inventory levels accordingly, leading to a more agile and responsive supply chain.In conclusion, the concept of days of average inventory on hand is a vital metric for any business involved in inventory management. It not only reflects the efficiency of inventory turnover but also influences financial health and operational strategies. By understanding and optimizing this metric, companies can enhance their overall performance and competitiveness in the market. Therefore, it is essential for business owners and managers to keep a close eye on their days of average inventory on hand to ensure they are making the best possible decisions for their operations and long-term success.

理解平均库存天数的概念对管理库存的企业至关重要。该指标提供了公司在需要补充库存之前可以维持运营的时间长度的洞察。基本上，它衡量的是库存在销售或用于生产之前平均持有的天数。例如，如果一家公司平均库存为100,000美元，而其年销售成本（COGS）为1,000,000美元，则可以使用公式计算平均库存天数：(平均库存/销售成本) * 365。在这种情况下，结果为(100,000 / 1,000,000) * 365，即36.5天。这意味着，该公司平均在售出之前持有库存约36.5天。平均库存天数的意义在于它能够帮助企业优化库存管理。较低的天数表明公司快速销售其库存，这可能表明其产品的强劲需求。相反，较高的天数可能表明库存过剩或销售缓慢，促使对库存实践的审查。对于零售商来说，理解这一指标也可以帮助做出明智的采购和促销策略决策。此外，平均库存天数在不同的行业之间可能会显著不同。例如，由于其产品的易腐性，杂货店的平均天数可能远低于家具零售商。因此，公司必须将其业绩与行业标准进行基准比较，以便更清晰地了解其库存管理效率。除了运营洞察之外，跟踪平均库存天数还可能具有财务影响。有效管理库存的公司可以降低持有成本，例如仓储和保险，并改善现金流。这使他们能够重新投资于业务的其他领域，例如市场营销或产品开发，从而推动增长。此外，技术在监控和改善平均库存天数方面也发挥着重要作用。先进的库存管理系统可以提供实时数据，使企业能够根据当前销售趋势和季节性波动迅速调整。通过利用数据分析，公司可以更准确地预测需求，并相应调整其库存水平，从而实现更灵活和响应迅速的供应链。总之，平均库存天数的概念是任何涉及库存管理的企业的重要指标。它不仅反映了库存周转的效率，还影响财务健康和运营策略。通过理解和优化这一指标，公司可以提升整体绩效和市场竞争力。因此，企业主和管理者密切关注其平均库存天数，以确保他们为运营和长期成功做出最佳决策是至关重要的。