Days Sales In Inventory / Stock Holding Ratio (Average Age of Inventory) | Explained with Example

[@Lebogang09]

Awesome explanation and example. Thanks

[@AlieKoroma-lf1lx]

Thanks, your method of teaching has helped me a lot. hope you continue with more topics.

[@byufan53]

Thank you so much for your clear explanation!

[@amylee7963]

Very helpful, thank you

[@mesaquemasaplaudaxd4686]

Man you are better than the tutors

[@few-ge5cs]

You are so helpful thank you!!

[@tawandampepoimba7589]

Thanks for the video Man, would kindly ask if you have notes on this topic for further study

[@missyrv7165]

you are clear as crystal :)

[@blossooooom]

Thank you so much, sir

[@jemaimabangisan8094]

what if the cost of goods sold are not in the income statement?

[@antoniopillay5024]

Hello. I'm wanting to calculate ROS. I have monthly rates of sale, 6 months average rate of sale, Inventory on hand, months until inventory runs out. I need to calculate how much inventory to order based on ROS and inventory on hand.

[@dewirohimawati6254]

Inventory is refer to total inventory or material inventory?

[@bernarderpelua8928]

What’s goods are we discussing please.

[@TheRahUnscripted]

Can the first formula for the month like 30 days vs 365 I just started my business last month but I am making money

[@glennology97]

The balance sheet I'm looking at now doesn't have cost of goods sold, so can I use this formula instead? "Inventory/accounts receivable×365"

[@Counttuts]

Cost of goods sold is found in the income statement.