You need to annualize that 3% to make it comparable. A grocery store isn’t buying everything at the start of the year and selling it at the end. If they do 12 i

You need to annualize that 3% to make it comparable. A grocery store isn’t buying everything at the start of the year and selling it at the end. If they do 12 inventory turnovers in a year, that 3% margin becomes a 36% return for the same amount of capital.