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What is sales turn over ratio?

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Question added by Deleted user
Date Posted: 2017/02/26
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Receivable turn over ratio can be calculated by dividing the net value of credit sales during a given period bu th average accounts receivable during the same period _It is an activities ratio measuring how efficiency a firm uses its assets

Abdullah Aziz Eldain Morsi  Elgendy -        CMA  Candidate
by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies

is the total amount of revenue generated by a business during the calculation period. The concept is useful for tracking sales levels on a trend line through multiple measurement periods, in order to spot meaningful changes in activity levels. The calculation period is usually one year. The revenue included in this calculation is from both cash sales and credit sales

Sunila Oturkar
by Sunila Oturkar , Business Planning and Reporting Analyst , hewlett-packard(hp)

company's total sales by the average inventory value 

Average inventory value = Total inventory each day by dividing no. of days

Shahzad Anjum
by Shahzad Anjum , Manager Accounts , Astral Constructors (Pvt) Limited

Sales turnover is actually total sale or revenue within a specific financial year.

SAMAYAMUTHU KARNAN
by SAMAYAMUTHU KARNAN , Executive , Medcare Hospital LLC

Inventory turnover  is a key  for calculating sales ratio, how even an inventory is consumed in certain period is called inventory turn over. so sales ratio is generated from that report.