What is Inventory Turnover?

Inventory Turnover is a ratio that shows how many times a company's inventory is sold and replaced over a period.

Can I use it for any business?

Yes, this tool works for retail, manufacturing, and service businesses to manage inventory efficiently.

Inventory Turnover Calculator

Calculate how efficiently your inventory is being sold and replaced.

Average Inventory

Cost of Goods Sold (COGS)

Result

Inventory Turnover Ratio: -

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About Inventory Turnover

Inventory Turnover is a key performance indicator for businesses. It measures how efficiently your inventory is sold and replaced over a period. Higher turnover indicates efficient inventory management, while lower turnover may indicate overstocking or slow sales.

How to Use?

Enter the average inventory for the period.
Enter the cost of goods sold (COGS) for the same period.
Click "Calculate Inventory Turnover".
The result shows how many times inventory is sold and replaced.

Frequently Asked Questions

Yes, the Inventory Turnover Calculator is completely free to use.

It measures how many times inventory is sold and replaced over a period.

No registration is required. You can use it instantly.

Yes, retail, manufacturing, and service businesses can use it to manage inventory.

You need Average Inventory and Cost of Goods Sold (COGS) to calculate Inventory Turnover.