Inventory is an asset. Figuring its value is important when you're running financial metrics, just like knowing the value of your factory or the expense of administrative overhead. The gross profit ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The days of inventory on hand is a measure of how quickly a business uses up the average inventory it keeps in stock. This metric may also be called days' sales of inventory. Investors and financial ...