Instructional Business Calculator

Inventory Turnover Calculator

Measure how often inventory is sold and replaced during an accounting period.

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Enter the business information

Use values from the same accounting period and enter amounts consistently.

Use cost of goods sold for the period and average inventory for that same period.

Cost of Goods Sold Beginning Inventory Ending Inventory

Inventory turnover = Cost of goods sold ÷ Average inventory
Average inventory = (Beginning inventory + Ending inventory) ÷ 2