• Thursday, July 25, 2024
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Chart of the Day inventory turnover ratio of Nigerias consumer goods firms

Chart of the Day inventory turnover ratio of Nigerias consumer goods firms

Champion Brewery and NASCON were able to maintain a high average inventory ratio as a result of a shortage of inventory.

In contrast to Champion brewery and NASCON, Nigerian breweries demonstrate their ability to successfully meet market demands, and as such showed a better inventory turnover rate.