As scales gym supply has a very high inventory turnover ratio compared to its competitors, this most likely indicates that its sells above average or company has had profitable deals.
In accounting, an inventory turnover refers to the measure of the number of times inventory is sold or used in a time period such as a year. The turnover is calculated to see if a business has an excessive inventory in comparison to its sales level.
When there is a high Inventory Turnover Ratio, this indicates that the item sells above average or your company has had profitable deals.
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