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.
Isaac Watts. Watts was born in Southampton, England in 1674 and was brought up in the home of a committed religious Nonconformist; his father, also Isaac Watts, had been incarcerated twice for his views. Watts had a classical education at King Edward VI School, learning Latin, Greek, and Hebrew.