inventory turnover ratioglossary / INVENTORY-TURNOVER RATIO inventory-turnover ratio. Accounting. The result of dividing the cost of goods by the average inventory. • This calculation is used to determine the effectiveness of the company’s inventory-management policy. 词条贡献者 译员Max,毕业于欧洲一流的法学院,专注翻译各种与通用数据保护条例 (GDPR)有关的法律文件。