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.
Jones was born on February 11, 1974 in Dallas, Texas, and grew up in the Dallas suburb of Rockwall and the city of Austin, Texas. His father David Jones is a dentist and his mother a homemaker. In his video podcasts, he reports that he is of Irish, German, Welsh, mostly British, and partially Native American descent. He was a lineman on his high school's football team and graduated from Anderson High School in Austin, Texas in 1993.