Free Inventory Turnover and Average Inventory Calculator - Calculates inventory turnover ratio and average inventory

This calculator has 3 inputs.

This calculator has 3 inputs.

Average Inventory = (Beginning Inventory + Ending Inventory)/2

Inventory turnover ratio = Cost of Goods Sold/Average Inventory

Average days to sell the inventory = 365/Inventory Turnover Ratio

For more math formulas, check out our Formula Dossier

Inventory turnover ratio = Cost of Goods Sold/Average Inventory

Average days to sell the inventory = 365/Inventory Turnover Ratio

For more math formulas, check out our Formula Dossier

- cost
- an amount that has to be paid or spent to buy or obtain something
- inventory
- a complete list of items such as property, goods in stock, or the contents of a building
- turnover