Calculate how often average inventory is sold during a period.
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This calculator applies the displayed business formula directly to your inputs. It keeps full precision during the calculation and rounds only the displayed result.
Inventory Turnover formulaInventory turnover = COGS รท average inventory
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Using the default example values, the calculator substitutes 300,000 and 50,000 into the formula. Change the values to model your own scenario.
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The values entered for cost of goods sold and average inventory are accurate for the scenario.
Rates and recurring amounts remain constant for the period represented by the formula.
Provider fees, taxes and timing differences are excluded unless they are explicit inputs.