Free KPI Challenge of The Month
Jeff Smith Author of The KPI Book Books by Jeff Smith KPI Software written by Jeff Smith hire Jeff Smith to speak at your Conference Free KPI Profit Builder written by Jeff Smith Contact Jeff Smith and Insight Training & Development Ltd

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Question:The board of Directors is asking for your advice. They are planning to retail 730 used vehicles in the forthcoming year and they wish to operate with a stock turn of 40 days. They have informed you that the average stand in value of a used vehicle is £7,636, and they wish to know how much investment is required in used vehicle stock to fulfil this objective?

Answer: £610,880

 


Read more about Management Accounts Made Easy

Professor Garel Rhys says...
"This book is the manual for company survival"

The manual for company survival

Professor D Garel Rhys CBE

Director, Centre for Automotive Industry Research
Cardiff University Business School.

 

If you have a question about the book, send me an email
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JeffSmith@askinsight.com

 

 


Jeff Smith. Author of The KPI BookDo you think that you are good enough to write a challenge?

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