Inventory Turnover
Formula
COGS / Average Inventory
Interactive Calculator
| Component | Value |
|---|---|
| Cost of Goods Sold | |
| Average Inventory | |
| Inventory Turnover | — |
CategoryEfficiency
ComponentsInventory Turnover; Cost of Goods Sold; Average Inventory
Example600K / 100K = 6.0
Related Subjects
Used in Formula
- Days Inventory Outstanding (DIO)Used in: Days Inventory Outstanding (DIO)
See Also
- Cost of Goods SoldBoth part of Inventory Turnover
External Links
- Inventory turnover — Wikipedia