Supply Chain Management Professional (SCMP) · Question
Which measure assesses the speed at which a company converts its inventory into sales?
The Inventory Turnover Ratio indicates how many times a company has sold and replaced inventory during a given period. A higher ratio generally means more effic
Start free practice for Supply Chain Management Professional (SCMP)
200 questions · no signup required · 40 free questions per day
Question: Which measure assesses the speed at which a company converts its inventory into sales?
Answer options: ✅ Inventory Turnover Ratio
- Days Inventory Outstanding (DIO)
- Return on Assets (ROA)
- Cash Conversion Cycle (CCC)
Correct answer: Inventory Turnover Ratio
Explanation: The Inventory Turnover Ratio indicates how many times a company has sold and replaced inventory during a given period. A higher ratio generally means more efficient inventory management.
Start free practice for Supply Chain Management Professional (SCMP)
200 questions · no signup required · 40 free questions per day
More about Supply Chain Management Professional (SCMP)
More for Supply Chain Management Professional (SCMP) candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Supply Chain Management Professional (SCMP) Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.