Zara是Inditex增长最快的部分，他的库存翻新速度是竞争对手的两倍，相对于行业平均水平14%的库存销售比率来说，Zara的为7%。

Zara, Inditex’s fastest growing division, turns its inventory twice as fast as major competitors, with an inventory-to-sales of 7% compared to an industry average of 14%.

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虽然存货减少比例创下历史高度，库存-销售量比率仍旧飞涨，从1.25的低点达到了十二月的1.46 .这是自1982年来这方面的标杆的最快速增长。

Even with historic inventory reduction rates, the inventory-to-sales ratio skyrocketed from a low last June of 1.25 to 1.46 by December. That is the swiftest rise in that benchmark since 1982.

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除汽车市场外，库存对销售的比率仍处于高位，这意味着产出将有进一步调整。

That's not the case in motor vehicles: OEMs are realigning production with sales to prevent inventories - already at normal levels - from falling too low.

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