Expenses
» Expenses, Volume 6, Issue 4, 2006
If inventories are among the five largest business expenses in respondent's business.
3a. Approximately, how many days of inventory do you try to maintain on your most important items?
Response | ||||
---|---|---|---|---|
1 | 7 days or less | 24 | ||
2 | > 7 days to 14 days | 12 | ||
3 | > 14 days to 30 days | 21 | ||
4 | 31 days or more | 16 | ||
5 | Differs by item | 15 | ||
6 | DK/Refuse | 12 | ||
Total (%) | 100 | |||
N | 751 |
Notes: Twenty-four (24) percent of small employers with businesses that maintain significant inventories try to maintain their most important items seven days or less (Q#3a).