The inventory turnover ratio can be defined as the amount of inventory sold, divided by average inventory during the period. With Costco's financials in hand, one can quickly calculate its inventory turnover ratio with just three pieces of data, shown below in the table.
Carl Edwards was born in Columbia, Missouri on August 15, 1979. He graduated from Rock Bridge High School in 1997. Edwards initially did not plan to attend college, but he received some state assistance and decided to attend the University of Missouri in his hometown of Columbia.
A fourth generation fisherman, Jake Anderson has always lived close to the sea. Born in Forks, Washington, he grew up in the fishing town of Anacortes, Washington, surrounded by generations of fishermen. Raised in this rich environment, Jake took to the sea at an early age with his uncle Brian Mavar.