Which of the following is NOT a financial measure mentioned for performance evaluation?

Inventory Turnover is a measure that specifically evaluates how efficiently a company manages its inventory, focusing on the relationship between sales and inventory levels. While it is an important operational metric for assessing inventory management performance, it is not traditionally classified as a financial measure in the same way that the other options are.

The other options, such as Return on Financial Leverage, Asset Turnover, and Return on Equity, all reflect financial performance indicators crucial for assessing a company's profitability and overall financial health. For instance, Return on Equity measures the profitability of shareholder equity, while Asset Turnover assesses how efficiently a company utilizes its assets to generate revenue.

By recognizing Inventory Turnover as more of an operational efficiency measure rather than a pure financial assessment, one can better distinguish between the various metrics used in performance evaluation. This understanding helps clarify the categorization of financial measures versus operational metrics.