Inventory turnover: how to solve the problem of idle stock

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Monitoring inventory turnover is essential for the financial health of an e-commerce business. Although the term is well-known in the business world, it is not uncommon for this monitoring of supplies and goods to not be among the priorities of small and medium-sized online stores.

It is very likely that you have a general idea about the behavior of the albania phone number list in your business . For example, practically 100% of store owners respond, in a few seconds, which items are most requested by consumers.

But knowing the details of this movement, such as stock turnover , ensures more assertive management when purchasing goods and even the best times to launch a promotion, among other things.

Throughout this article, we will show you the importance of inventory turnover for your online store , how to calculate inventory turnover , and what answers you can find with this analysis. Let's go!

What is inventory turnover?
Stock turnover shows the speed at which a product or merchandise was renewed in the online store , that is, from the moment the item enters the store until it is sold to the end consumer .