What Is a Good Inventory Turnover Ratio: a Simple Guide

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What Is a Good Inventory Turnover Ratio: a Simple Guide | (Synder)

For an e-commerce business, inventory is one of the most significant parts of management. Inefficient inventory management can dramatically affect cash flow for your e-commerce business, with a large amount of working capital sucked up by the excess stock or sales lost due to stock shortages. That’s why keeping an eye on inventory turnover is key to ensuring flawless e-commerce business operations. Let’s look in more detail at what a good inventory turnover ratio is, what can affect it, positively or negatively, and how to solve the most frequent inventory turnover challenges.

Geek IT Use Debtor Daddy’s Collect for Debt Recovery of Difficult Debts | (Debtor Daddy)

Geek IT is an outsourced information technology service that helps small and medium businesses accomplish big things with their IT, and uses Debtor Daddy’s Collect product for debt recovery. Their whole enterprise approach is centred around a close partnership with their customers as an extension of…