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English definition of “stock turnover ratio”

stock turnover ratio

noun [C]     ACCOUNTING, COMMERCE
the total value of goods a company sells during a particular period compared with the average value of the goods it has available for sale during that period: A company with a rapid stock turnover might have a stock turnover ratio of less than 1:1.
(Definition of stock turnover ratio noun from the Cambridge Business English Dictionary © Cambridge University Press)
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