Inventory turnover
Acropolis Retail wants to know how often they sold their products during 2021. You will help answer this question by using the Inventory Turnover. Now that you have the current inventory stock, it will be easy to calculate the efficiency ratio.
Remember, you can calculate this metric as:
\(Inventory\;turnover = \frac{COGS}{Average\;value\;of\;inventory}\)
We recommend you to keep working in your own workbook but if you lost progress you can open 2_1_sales_year_solution.twbx
from the Workbooks folder on the Desktop.
This exercise is part of the course
Case Study: Inventory Analysis in Tableau
Hands-on interactive exercise
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