Inventory Turnover Calculator

Instructions: You can use our Inventory Turnover Calculator, by providing the Cost of Goods Sold \((COGS)\), the current inventory and the previous inventory in the form below:

Cost of Goods Sold \((COGS)\) =
Current Inventory =
Previous Inventory =

Inventory Calculator

More about the inventory turnover so you can better use the results provided by this solver. The inventory turnover is the ratio between the cost of goods sold and the average inventory. This ratio is a measure of asset management, and it indicates the number many times a firm turns its inventory. It is computed using the following formula:

\[ \text{Inventory Turnover} = \displaystyle \frac{\text{Cost of Goods Sold}}{\text{Average Inventory}}\]

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