All Meritor offices will be closed July 4, 2018 in observation of the holiday.

Inventory Turnover (TTM)

Inventory Turnover (TTM)

This value measures how quickly the Inventory is sold. It is defined as Cost of Goods Sold for the trailing twelve months divided by Average Inventory. Average Inventory is calculated by adding the Inventory for the 5 most recent quarters and dividing by 5.