Performance Measure

Agency

Virginia Alcoholic Beverage Control Authority (999)

Measure Name

Product inventory annual turn rate

Measure Last Modified

Jun 10 2014 10:40

Measure Last Published

Sep 05 2019 02:14

Measure Status

Active

Data Source and Calculation

Costs of goods sold divided by average inventory. Source: Data Warehouse

Enterprise Priorities and Strategies

Enterprise Initiative	Enterprise Priority	Enterprise Strategy

Associated Service Areas

SA Code	SA Name

Measure ID

99980103.001.001

Measure Class

Other Agency

Measure Type

Outcome

Year Type

State FY

Preferred Trend

Increase

Frequency

Annually

Statistical Unit

Baseline and Targets

Target Name	Date	Result	Note
Baseline
Short Target 2020
Long Target 2022

Measure Results

Year	Result	Explanatory Note
2004	7.60	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2005	7.60	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2006	7.20	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2007	7.10	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2008	7.40	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2009	7.30	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2010	7.60	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2011	7.30	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2012	7.50	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2013	7.20	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2014	6.70	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2015	6.70	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2016	6.50	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2017	6.30	Inventory turnover represents the number of times inventory is sold and replaced over a specified period.
2018
2019