(1) Inventory management is one of the important contents of enterprise asset management. When analyzing the inventory turnover index, report users should try their best to understand the index, analyze the inventory structure and the important indicators that affect the inventory turnover rate, combining the factors such as inventory batch and seasonal change. By further calculating the turnover rate of raw materials, products or an inventory, we can find the problems in inventory management from different angles and links. While meeting the needs of enterprise production and operation, (2) the inventory turnover rate is not as fast as possible. On the one hand, slow inventory turnover is the performance of poor asset utilization efficiency of enterprises. On the other hand, too fast inventory turnover may affect the further development of production or sales business because of insufficient inventory reserves, especially for enterprises with tight supply. In the opinion of analysts, inventory turnover rate must be treated with caution. Here, Kunshan Asset Management once again reiterates the problems you should pay attention to when analyzing the index!
1, the inventory turnover index reflects the level of enterprise inventory management, which not only affects the short-term solvency of enterprises, but also is an important content of the whole enterprise management.
2. When analyzing the inventory turnover rate, we should also analyze the important items that affect the inventory turnover rate, such as calculating the raw material turnover rate and the work-in-process turnover rate respectively. The calculation formula is:
Raw material turnover rate = raw material cost consumed+average inventory surplus.
Turnover rate of WIP = manufacturing cost+average inventory balance
3. The purpose of inventory turnover analysis is to find out the problems existing in inventory management from different angles and links, so that inventory management can ensure the continuity of production and operation, occupy operating funds as little as possible, improve the efficiency of capital use, enhance the short-term solvency of enterprises and promote the improvement of enterprise management level.
4. The inventory turnover rate not only reflects the inventory turnover rate and inventory occupancy level, but also reflects the speed of enterprise sales realization to some extent. Generally speaking, the faster the inventory turnover, the better the enterprise's performance.