Inventory turnover
Business / FREE CALCULATOR
Measure how often average inventory is sold over a period.
Your answer starts here.
Enter your values and select Calculate to see the result and any available breakdown.
How to use this calculator
- Enter cost of goods sold. Use the unit shown beside the field.
- Enter average inventory at cost. Use the unit shown beside the field.
- Select Calculate and review the result. Select Reset to restore the example inputs.
How the calculation works
Cost of goods sold/Average inventory at cost
Worked example
Cost of goods sold = 120000; Average inventory at cost = 30000. Result: 4 turns/period.
Understand your result
Measure how often average inventory is sold over a period. The result is expressed in turns/period.
Assumptions and limitations
Revenue should not replace cost of goods sold in this definition. Results are rounded for display.
Questions about this tool
What does this tool calculate?
Measure how often average inventory is sold over a period.
What should I check before using the answer?
Revenue should not replace cost of goods sold in this definition.
Related guides
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