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Inventory Turnover Calculator
Measure how many times your business has sold and replaced inventory during a specific period.
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Fill in the fields above and click Calculate to see your results.
How to use
Measure how many times your business has sold and replaced inventory during a specific period.
How it's calculated
Inventory Turnover Ratio
cogs / ((beginning_inventory + ending_inventory) / 2)
Days to Sell Inventory
365 / (cogs / ((beginning_inventory + ending_inventory) / 2))
Examples
Online Shoe Store
- Cost of Goods Sold (COGS):500,000,000
- Ending Inventory:60,000,000
- Beginning Inventory:40,000,000
Industry Benchmarks
| Metric | Typical Range |
|---|---|
| A ratio of 4-6 is typical for many retail industries. | 6 |
Frequently Asked Questions
What is a good inventory turnover ratio?
A good ratio is usually between 4 and 6. Too high might mean lost sales due to stockouts; too low means excess inventory.