Finance

Inventory Turnover Calculator

Measure how often inventory is sold and replaced over a period.

Formulas:
Inventory Turnover = COGS / Average Inventory
Days Sales of Inventory = 365 / Turnover
Higher turnover = more efficient

Benchmarks

IndustryTypical Turnover
Grocery14-20x
Apparel4-6x
Electronics5-8x
Auto Dealers6-10x