The smallest moon in the Solar System is Deimos, a moon of Mars, that is only 13 KM in diamiter. ....Io ..........Europa ....Ganymede ....Callisto. Titan, Saturns most famous moon, is one of the only known moons in the Solar System to have an atmosphere. It is also the second largest moon in the Solar System.
DEFINITION of 'Inventory Turnover'. Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a period. The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand or inventory turnover days.. Generally it is calculated as:
Businesses measure the frequency of cash collections using the inventory turnover ratio, which is (cost of goods sold) / (inventory). For example, a company that has $1 million in cost of goods sold and an inventory balance of $200,000 has a turnover ratio of 5. The goal is to increase sales and reduce the required amount of inventory, so that the turnover ratio increases.