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Inventory turnover

Calculate how often inventory turns over in a period.

Try your numbers

Use the selected currency.
Use the selected currency.
Enter days values.

Currency selection changes the display, not the amounts. Use one currency throughout unless you are using the conversion tool.

Your result

How this works

Calculate how often inventory turns over in a period.

Formula

Turns = cost of goods sold ÷ average inventory. Holding days = period days ÷ turns.

Assumptions and limits

Use cost values, not retail prices. Holding days are undefined if cost of goods sold is zero.

Worked example

Replace the example with your own figures, then compare scenarios. Include all relevant costs and use records from matching periods.