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Cambashi Insights > Glossary > Raw Materials Turn Rate
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Raw Materials Turn Rate

Raw Materials Turn Rate is also named raw materials turnover, raw materials inventory turnover, commodity turnover and raw materials turnover ratio. It measures the rate at which raw material inventory is used and replaced. It helps characterise a company’s forecasting and inventory management. It is the ratio between cost of goods sold (COGS) in a time period, and the average cost of raw materials inventory in that period.

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