Inventory Turnover Calculator

Calculate inventory turnover ratio and days in inventory.

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Inventory Turnover

Enter COGS, beginning inventory, and ending inventory.

Inventory turnover ratio
0.0x
Days in inventory: 0
Average inventory
$0
Turnover ratio
0.0x
Days in inventory
0
Industry benchmark
—

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Cost of goods sold (COGS) ($)$500,000
Beginning inventory ($)$100,000
Ending inventory ($)$120,000
ResultValue
Inventory turnover ratio4.5x
Average inventory$110,000
Turnover ratio4.5x
Days in inventory80 days
Industry benchmarkSlow-moving (furniture/electronics)

Values shown are produced by this page in your browser; change any input to update them.

How to use the Inventory Turnover

  1. Cost of goods sold (COGS) ($) — default $500,000
  2. Beginning inventory ($) — default $100,000
  3. Ending inventory ($) — default $120,000
  4. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references