Back to free tools
๐ฆ
Finance
Inventory Turnover Calculator
See how quickly you sell through inventory.
Inputs
$
$
$
Result
Average inventory
$50,000
Turnover ratio
10.00x
Days of inventory
37 days
About this tool
Turnover = COGS รท average inventory. This tool computes turnover ratio and days-of-inventory-on-hand so you can benchmark against your industry.
What it does
- โขTurnover ratio
- โขDays of inventory
- โขAverage inventory calc
- โขIndustry benchmarks
Use cases
- โ Ecommerce ops
- โ Retail buying
- โ CFO reviews
FAQ
What's a good turnover?
6+ is strong for most retail; 3โ6 is typical; below 3 suggests overstocking.
How do I calculate average inventory?
(Beginning + ending) รท 2 โ the tool does this automatically.
