Inventory Turnover Calculator
Inventory Turnover: a planned Super Calculator tool. Covers cost of goods sold (currency). Stub page while the tool and its worked example are prepared.
Inventory Turnover Calculator is a planned calculator in the business section of Super Calculator, covering inventory and operations.
What this calculator will compute
Inputs: cost of goods sold (currency), beginning and ending inventory (currency) and period.
Outputs: turnover ratio (x), days inventory outstanding and inventory holding cost.
Formula, recorded as scope and not yet verified against a primary source: Inventory turnover = cost of goods sold / average inventory at cost. Days inventory outstanding = 365 / turnover. Using revenue rather than COGS in the numerator inflates turnover by the gross margin factor and is a common error.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.