Analysis of Inventory Turnover Ratio in BHEL : A Comparative Study with Crompton Greaves

The present study is an attempt to analyze the inventory turnover ratio of Bharat Heavy Electricals Limited (BHEL). Inventory Turnover Ratio indicates the relationship between the cost of goods sold and average stock kept during the year. A lower inventory turnover ratio indicates poor sales whereas a higher ratio implies strong sales. In order to provide a better insight into the study a comparison is made between inventory turnover ratio of BHEL and Crompton Greaves (C.G). In addition,t-test is applied in order to find out that whether there is a significant difference between inventory turnover ratio of BHEL and C.G or not