Answer:
Higher
Explanation:
The formula to compute the inventory turnover ratio is show below:
= Cost of goods sold ÷ average inventory
where,
Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2
It shows a relation between the cost of goods sold and the average inventory which is shown above.
The more long sales request will higher the inventory turnover ratio and therefore inventory turnover ratio is performing better
