Inventory turn over ratio means " The number of items of turn over of Inventory"

false...it shows what is the turnover per1(in value) of stock

I agree with previous answers

Inventory turnover ratio or Stock turnover ratio indicates the velocity with which stock of finished goods is sold i.e. replaced. Generally it is expressed as number of times the average stock has been "turned over" or rotate of during the year.

My answer will be TRUE <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<