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Turnover Report Questions
Looking at the Turnover Report, the Total value for all items at the bottom of the Turnover Rate column is 1.11. The Assembly Item total is 1.85 and Inventory Item Total is 1.1.
What do the Total values represent? IS it supposed to be an average? How is it calculated? Are there items being excluded from the calculation?
If I enter an average formula for all items, I get 2.95, 3.32 for Assemblies and 2.93 for Inventory Items.
Are the items without a Turnover Rate value items that did not sell during the date range of the report? If I enter zeros in the empty cells, the average values drop by about .4-.5, and still much higher than the number on the report.
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