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Molly Bebber
on Nov 18, 2024

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Generally, the lower the number of days' sales in inventory, the better.

Days' Sales

Refers to the ratio that indicates how many days worth of sales a company has in inventory, providing insight into inventory management efficiency.

Inventory

An accounting term for goods and materials that a business holds for the ultimate goal of resale or repair.

  • Comprehend the implications of inadequate inventory management, including surplus and deficit inventory conditions.
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GURPREET SINGHNov 19, 2024
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