Family Business Accountants

In order to calculate inventory turnover, take the total cost of the goods sold and divide that by the current value of the inventory in a store. Learn about how to calculate inventory turnover for a grocery store with help from two accountants in this free video on business calculations and accounting.

Expert: Spencer Cottam & Jeannine Smith
Bio: Spencer Cottam and Jeannine Smith work together at Account Team in Salt Lake City, Utah.
Filmmaker: Michael Burton

Duration : 0:1:18

Technorati Tags: Accounting, budgets, business, calculations, capital, cash, cost, finances, flow, gross, growth, labor, margins, market, profit, ratios, revenue, sales, total