Which category of stock items is recognized for having a relatively high turnover but lower value?

The category of stock items recognized for having a relatively high turnover but lower value is indeed Category C items. In inventory management, items classified in Category C are typically those that are less expensive and have a high frequency of turnover within the inventory system. This classification aligns with the principles of the ABC analysis, which categorizes items based on their importance to the business in terms of cost and turnover rate.

Category C items usually represent a large volume of the total inventory items, but their collective value is relatively low compared to more expensive Category A and B items. This means while they are crucial for operations due to their high turnover, they do not significantly impact the overall financial expenditure of the inventory. Therefore, businesses can manage these lower-value items separately, often requiring less strict control, allowing for effective inventory management practices that optimize stocking levels and reduce carrying costs.

For context, Items in Category A would typically involve high value and low turnover, while Category B items sit somewhere in between A and C in terms of value and turnover rate. Non-essential items, while they may also not hold significant financial value, are not defined by their turnover and thus wouldn't fit this specific criterion of high turnover.