Inventory ratio arithmetic

Inventory Turnover Calculator

Calculate inventory turnover using cost of goods sold and average inventory on the same currency and period basis.

Enter your values

Loading browser-local calculator…

Formula and method

Turnover = COGS ÷ average inventory. Average inventory = (beginning + ending) ÷ 2. Inventory days = entered period days ÷ turnover.

Worked example

$500,000 COGS and $80,000/$120,000 beginning/ending inventory produce $100,000 average inventory, 5.0× turnover, and 73 days for a 365-day period.

Assumptions and limitations

The calculator does not judge the ratio, supply an industry benchmark, provide accounting advice, or forecast inventory needs.

Privacy

Entered values remain in this browser tab. The calculator has no account, value-bearing URL state, remote calculation request, or persistent storage.

Related tools

Browse all calculators.