Inventory Turnover Ratio: How to Calculate and Improve It
How many times a year do you sell through your inventory? One metric exposes your slow-moving goods and measures the health of your cash.
Snad Blog
Practical articles on accounting, business management, and digital transformation
263 articles19 topics
263 articles
How many times a year do you sell through your inventory? One metric exposes your slow-moving goods and measures the health of your cash.
Why collecting the cash is not enough to record revenue, and how to apply the five-step model to your contracts and sales.
When do you record revenue and expenses: the moment cash moves, or the moment it is earned? The answer changes your profit and your tax return.
Why every transaction has two sides, a debit and a credit, and how the accounting equation keeps your books permanently in balance.
A practical guide to running a school or nursery on one system: tuition installments and discounts, collection follow-up with parents, teacher payroll and social insurance, e-invoicing and accounting.
How to run a pharmacy on one integrated system: batch and expiry tracking, compliance with the RSD drug traceability system, medical insurance dispensing, inventory and accounting in a single place.
A practical guide to automating the tedious accounting work: invoice entry, classification, bank reconciliation, collections follow-up and reporting — and how it frees your team's time and cuts errors.
How to use your sales data and AI to forecast demand, cut both stockouts and overstocking, and set reorder points automatically instead of ordering on instinct.
A practical guide to working capital: the definition, the formula, the cash conversion cycle, the healthy ratios, and why a company can look profitable on paper while its cash dries up — plus how to stop that happening.
A step-by-step guide to calculating your break-even point: fixed versus variable costs, contribution margin, the break-even formula in units and in SAR, and worked examples.
A practical guide to inventory valuation methods: how FIFO differs from weighted average cost, what each one does to profit and cost of goods sold, and how to pick the right one.
Which accounting standard does your business have to follow? A guide to the standards endorsed by SOCPA, the difference between full IFRS and the standard for small and medium-sized entities, and when each one applies.
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