inventory turns explained

inventory turns explained refers to the number of times inventory is sold or used during a specific period. This metric helps businesses understand how efficiently they are managing their stock. A higher inventory turn rate often indicates that products are selling quickly and that the business is maintaining a healthy balance between supply and demand. For e-commerce businesses, keeping track of inventory turns is crucial for optimizing product ordering and avoiding overstocking or stockouts. A good inventory management strategy can improve profitability and customer satisfaction.