Average inventory period refers to a financial ratio used to compute the average number of days a company takes before they sell all their current stock of inventory. In other words, AIP is the duration goods are sitting on the shelves for before they’re sold.
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I think it need filipino version Or my teachers will be confused when my subject is filipino But the answer is english
NeedsHelpOnModule
Ang average na panahon ng imbentaryo ay tumutukoy Sa isang pinansiyal na ratio na ginamit Upang kalkulahin ang Average na bilang ng araw na kinukuha ng isang kumpanya bago sila magbenta sa kanilang kasalukuyang stock ng imbentaryo sa Sa madaling salita AIP ay ang tagal ng mga kalakal na nakaupo sa mga istante bago sila ibenta
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Answer:
Average inventory period refers to a financial ratio used to compute the average number of days a company takes before they sell all their current stock of inventory. In other words, AIP is the duration goods are sitting on the shelves for before they’re sold.