Image source: Getty Images.
Though Costco (NASDAQ: COST) may be known for “frills” like above-average employee pay, when it comes to managing its balance sheet, it is ruthlessly efficient. This can be observed in the company’s inventory turnover ratio, or the number of times it sells its average level of inventory over the course of a year.
Image source: Getty Images.
Though Costco (NASDAQ: COST) may be known for “frills” like above-average employee pay, when it comes to managing its balance sheet, it is ruthlessly efficient. This can be observed in the company’s inventory turnover ratio, or the number of times it sells its average level of inventory over the course of a year.