Financial Education - Ratio of sample and out-of-stock inventory vs. new parts

Inventory turnover has been defined as the calculation in which the cost of goods sold is divided by the inventory of goods, this ratio shows the number of times the inventory is sold out and has been replenished again.

Now regarding the Inventory Turnover and the importance of the presence of accounting variables, the variable system allows relating some concepts with the purpose of deepening the study, in this sense they refer to the characteristics that the researcher is going to study.

A variable is a characteristic or quality, magnitude or quantity susceptible to change and is the object of analysis, measurement, manipulation or control in a research, the variables identified in the study will directly indicate what should be observed or measured in the research project, based on these aspects and their importance.

A system of variables consists of a series of characteristics to be studied, defined operationally, that is, in terms of their indicators or units of measurement.

It is of significant importance to point out that according to the aforementioned author, the types of variables in a research can be classified and distinguished in various ways depending on the types of values they take, but to get started in the world of research it is necessary to distinguish the following: independent and dependent variables.