A fast. rate indicates that you are moving inventory quickly and keeping up with demand

Inventory turnover

Explanation:

Inventory turnover is the speed at which a business replaces its inventory due to selling activities.  The number of times that a business sells and replaces its inventory is expressed as a ratio known as the inventory turnover ratio.

A high inventory turnover rate attests that the business sells and replaces its inventory several times in a given year. A high inventory turnover rate indicates a high demand for a company's products. It indicates efficiency in managing stocks and the costs of holding inventory.

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