A scissors truss supported on two walls. A scissors truss is a kind of truss used primarily in buildings, in which the bottom chord members cross each other, connecting to the angled top chords at a point intermediate on the top chords' length, creating an appearance similar to an opened pair of scissors. scissors truss supported on two walls. A scissors truss is a kind of truss used primarily in buildings, in which the bottom chord members cross each other, connecting to the angled top chords at a point intermediate on the top chords' length, creating an appearance similar to an opened pair of scissors.
Unformatted text preview: d. Daysâ sales in inventory - . The daysâ sales in inventory ratio measures the number of days that inventory is held before the final product is sold. In general, a firm wants to produce a high level of sales per dollar of inventory, that is, it wants to turn inventory over (from raw materials to finished goods to sold goods) as quickly as possible.
In accounting, the Inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. The equation for inventory turnover equals the cost of goods sold or net sales divided by the average inventory. Inventory turnover is also known as inventory turns, merchandise turnover, stockturn, stock turns, turns, and stock turnover. 1 Inventory Turnover Formulas.