The reason is that average inventory turns worsened for retailers last quarter (excluding grocers, drugstores and car dealers).
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In the most recent quarter the system helped it shave a day off its already low average inventory time to five.
And the average accounts receivable days and the average inventory days have each increased to a smaller degree this year than in 2011.
This is the cost of goods sold divided by the average value of inventory for a given period.
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Inventory turns were an average 112.1 days at the end of the third quarter.
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They have also reduced their available inventory of seats, causing the average ticket price to rise, leading to revenue increases.
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Edmunds.com tracks average days to turn, which is the average number of days vehicles were in dealer inventory before a customer drives them away.
Right now, the average online publication only sells 50% of its inventory at market or premium rates (far less than my 75% print world percentage).
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First, it raised average productivity by 11% through improved quality and efficiency and reduced inventory.
The sharpest inventory decline, though, is during and just after prices bottom: in the first six months of rising prices, inventory falls by more than 2% per month, on average.
Distressed inventory, comprised of short sales and foreclosures that tend to produce an average discount of 14% to 20%, puts downward pressure on non-distressed homes as traditional sellers are forced to slash prices to compete for buyers and appraisers lower values due to a glut of discounted comparables.
Despite impressive growth, prices remain stuck at autumn 2003 levels, while the shadow inventory stood at about 3.1 million units last summer, according to Barclays, compared to an average of about 500, 000 before the crisis.
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