This ratio tells us that, on average, Costco turned over its inventory 11.64 times during its 2015 fiscal year. We can go one step further to calculate how long it takes Costco to sell its average unit of inventory by dividing 365 by the company's inventory turnover ratio of 11.64.
Carhartt, Inc. , is a U.S. -based clothing company founded in 1889 that focuses on work clothes. It is still a family-owned company, owned by the descendants of company founder Hamilton Carhartt, with its headquarters in Dearborn, Michigan.
Burry Port, Carmarthenshire, South Wales, June 18.--The first woman to cross the Atlantic successfully by air, Miss Amelia Earhart, Boston settlement worker, alighted in the seaplane Friendship here this morning on the broad expanse of Loughor estuary, after a flight of 20 hours and 40 minutes elapsed time from Trepassey.