Internet Tool for Your Business - Days of Inventory on Hand
Turn, turn, turn; not just a song from the 60's but a true statement for any business that has inventory to sell or use. The better you can turn the inventory the more you can increase your profits and Return on Inventory.
As the Internet Tool on the Profits Plus website explains, this is a bit of an odd calculation. It is one however, that gives a good indication, as you watch it over a period of time, of how well you are making that turn, turn, turn, happen.