Inventory Check on the Economy for Stock-Pickers

For would-be stock-pickers:

The inventory figures you may decide to check on individual companies, as an idea of where they are, or the overall economy stands. is not too accurate and therefore not too important an evaluation.

Look instead at “days-inventory-outstanding” or DIO. That is, the time it would take to eliminate the inventory, given the rate of current sales. (See Earl J Weinreb NewsHole® comments.)