Note
Some computer programs measure the stock turns of an item using the actual number sold.
The important issue is that any organization should be consistent in the formula that it
Read more about this topic: Inventory Turnover
Famous quotes containing the word note:
“There is a note in the front of the volume saying that no public reading ... may be given without first getting the author’s permission. It ought to be made much more difficult to do than that.”
—Robert Benchley (1889–1945)
“For sounds in winter nights, and often in winter days, I heard the forlorn but melodious note of a hooting owl indefinitely far; such a sound as the frozen earth would yield if struck with a suitable plectrum, the very lingua vernacula of Walden Wood, and quite familiar to me at last, though I never saw the bird while it was making it.”
—Henry David Thoreau (1817–1862)
“What says the Clock in the Great Clock Tower?
And all alone comes riding there
The King that could make his people stare,
Because he had feathers instead of hair.
A slow low note and an iron bell.”
—William Butler Yeats (1865–1939)