Inventory of new vehicles at GMC dealerships across the United States fell to a 70 days supply in December 2024, meaning the average dealer had enough vehicles to continue sales at current rates for ...
Beginning inventory is the book value of a company’s inventory at the start of an accounting period. It is also the value of inventory carried over from the end of the preceding accounting period.
Today’s average manufacturing company carries thirty days more inventory than at the beginning of the 2007 recession. As inflation takes its toll on cash cycles and the levels of inventory increase, ...