Definition of Days of goods held for resale ratio - Finance dictionary
Days of goods held for resale ratio((See Chapter 11 of the Vernimmen))
Days of goods held for resale ratio reflects the period between the time the company purchases goods and the time it resells them. This ratio is obtained by dividing the inventory of goods held for resale by daily purchases of goods for resale (VAT exclusive).
Days of goods held for resale ratio((See Chapter 11 of the Vernimmen))
Days of goods held for resale ratio reflects the period between the time the company purchases goods and the time it resells them. This ratio is obtained by dividing the inventory of goods held for resale by daily purchases of goods for resale (VAT exclusive).
Days of goods held for resale ratio((See Chapter 11 of the Vernimmen))
Days of goods held for resale ratio reflects the period between the time the company purchases goods and the time it resells them. This ratio is obtained by dividing the inventory of goods held for resale by daily purchases of goods for resale (VAT exclusive).