An empirical analysis of inventory turnover behaviour in Greek retail sector: 2000–2005
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Inventory leanness and the financial performance of firms
Isaksson, O. H. D., & Seifert, R. W. (2013) · Production Planning & Control · doi:10.1080/09537287.2013.797123 · Cited by 101 · see citing works
“Finally, another recent study by Kolias, Dimelis, and Filios (2011) find that inventory turnover is negatively correlated with gross margin but positively correlated with capital intensity.”
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“…for investments in plant, equipment, and materials that may affect productivity via substitution for labor (MacDuffie et al., 1996) and affect inventory levels (Kolias et al., 2011).5 Plant size accounts for scale effects on productivity (Banker et al., 2006) and inventory (Shah and Ward, 2003).”
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“…(Chikan, 1996), incentives for efficient inventory management (Baldenius and Reichelstein, 2005), parameters that impact on inventory policy (Borgonovo, 2008), efficacy of inventory (Barker and Santos, 2010), and determinants of inventory turnover (Gaur et al., 2005; Kolias et al., 2011).”
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“In addition, several studies (Cannon, 2008; Chen et al., 2005; Kolias et al., 2011; Koumanakos, 2008; Swamidass, 2007; Vastag & Whybark, 2005) have examined the implications of different inventory management practices, behavior or techniques on firm performance.”
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“IMPs context, Kotzab and Teller (2005) argued that the lack of knowledge in managing stock led to poor inventory management and ultimately to poor performance.”
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“This is in line with previous findings in the literature (Gaur et al., 2005; Kolias et al., 2011) and may stem from general industry characteristics where product assortment and variety have increased to meet customer demands, which leads to increased levels of inventory and lower turnover.”
BackgroundResultInfluentialSmart Shelf System for Customer Behavior Tracking in Supermarkets
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“Kolias et al. (2011) point to similar relations and report the fact that between 2000 and 2005 in retail in Greece analogical shares had the average values of 38 % and 51 % respectively.”
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“Recent findings from Greek retail, although measured for a shorter time duration than in our study (Kolias et al., 2011), find inventory turnover to drop at an annual rate of 3.4%.”
BackgroundResultInfluentialLongitudinal examination of passenger characteristics among airline types in the US
Cho, W., & Min, D. (2018) · Journal of Air Transport Management · doi:10.1016/j.jairtraman.2018.06.004 · Cited by 13 · see citing works
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Does size matter? Examining the probability of firm emergence from bankruptcy
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Prediction accuracy of sales surprise for inventory turnover
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“These results are also supported by Kolias, Dimelis, and Filios (2011), who use financial data for 566 Greek retail firms for the period 2000–2005.”
BackgroundResultThe impact of predicted quality and customer cost on quality assurance behavior
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The simultaneous determination of cash conversion cycle components
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“A characteristic example is retail trade companies where these ratios reach the highest levels (Gaur et al., 2005; Kolias et al., 2011).”
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The effects of sales surprise on inventory turnover: An empirical study
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“Most of the selected variables’ outcomes are consistent with the previous literature (Gaur et al., 2005, 2014; Hançerlioğulları et al., 2016; Johnston, 2014; Kolias et al., 2011; Sano & Yamada, 2020), as the authors have also reported the same results in their studies.”
MethodResultInventory management in food retail in Serbia
Lukić, R. (2021) · MASO INTERNATIONAL – JOURNAL OF FOOD SCIENCE AND TECHNOLOGY · doi:10.2478/mjfst-2022-0001
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“Among these indices, the most common is inventory turnover as the ratio of cost of goods sold (COGS) or sales (as a proxy for COGS) to average inventory (Alan, Gao, and Gaur 2014; Kolias, Dimelis, and Filios 2011; Cannon 2008).”
BackgroundInventory Management in Fertiliser Industry of India: An Empirical Analysis
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Inventory Management and Financial Performance of Listed Manufacturing Firms in Nigeria
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Exploring Links among Inventory and Financial Performance in the Agricultural Machinery
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ANALISIS PENGENDALIAN PERSEDIAAN SUKU CADANG (SPAREPART) PADA BENGKEL PIAGGIO VESPA NUSA DUA
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“…pada biaya persediaan dengan mengurangi pada persediaan persediaan yang dimiliki, namun di sisi lain, proses produksi atau kelancaran aktivitas perusahaan akan terhambat dan menyebabkan ketidakpuasan pelanggan ketika tidak tersedianya kebutuhan yang diinginkan pelanggan (Kolias et al., 2011).”
The Optimal Allocation of Current Assets Using Mean-Variance Analysis
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“We refer the reader to Cachon and Olivares (2010), Kolias, Dimelis, and Filios (2011), and Rajagopalan (2013).”
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“Stocks are considered the most difficult asset to be managed for firms, and this is also supported by the fact that their economic value impacts for 20-60% of the whole set of company resources (Kolias et al., 2011).”
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Inventory turns and finite-horizon Little’s Laws
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“Moreover, managers, whose compensation is tied to high inventory turns, may become a source of agency (Kolias et al. 2011).”
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PERSPEKTIF SIKLUS HIDUP PERUSAHAAN DALAM HUBUNGAN ANTARA INVENTORI DAN KINERJA FINANSIAL
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- Authors
- Kolias, G. D., Dimelis, S. P., & Filios, V. P.
- Affiliations
- University of Ioannina (GR)
- Athens University of Economics and Business (GR)
- Corresponding author
- Kolias, Georgios D.
- Venue
- International Journal of Production Economics
- Publisher
- Elsevier BV
- Published
- 2011-09
- Volume
- 133
- Issue
- 1
- Pages
- 143-153
- ISSN
- 0925-5273 (ISSN-L)
- OpenAlex
- W1978972567
- Cited by
- 76
- References
- 59
- Citations by year
- 2026: 4 · 2025: 5 · 2024: 6 · 2023: 4 · 2022: 7 · 2021: 7 · 2020: 6 · 2019: 6 · 2018: 6 · 2017: 4 · 2016: 5 · 2015: 4 · 2014: 4 · 2013: 5 · 2012: 2
- FWCI
- 8.96
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- International Journal of Production Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Accounting › Working Capital and Financial Performance
- Social Sciences › Business, Management and Accounting › Management Information Systems › Supply Chain and Inventory Management
- Social Sciences › Business, Management and Accounting › Accounting › Financial Analysis and Corporate Governance
- Keywords
- inventory turnover, retail trade, gross margin, capital intensity, sales decline, inventory management
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