Finance

Ending Inventory Calculator

Calculate the value of inventory remaining at the end of an accounting period.

Beginning Inventory ($)

Purchases During Period ($)

Cost of Goods Sold ($)

Formula:
Ending Inventory = Beginning Inventory + Purchases − COGS
COGA (Cost of Goods Available) = Beginning + Purchases
Inventory Turnover = COGS / Average Inventory

Understanding Ending Inventory

Ending inventory is the value of goods still available for sale at the end of an accounting period. It appears as a current asset on the balance sheet and directly affects gross profit calculations.