Gaur, Vishal; Fisher, Marshall L.; Raman, Ananth - In: Management Science 51 (2005) 2, pp. 181-194
Inventory turnover varies widely across retailers and over time. This variation undermines the usefulness of inventory turnover in performance analysis, benchmarking, and working capital management. We develop an empirical model using financial data for 311 publicly listed retail firms for the...