Average inventory

Formula

Average inventory formula
AI
average inventory
Bi
beginning inventory
Ei
ending inventory

Formula description

In accounting, the Inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year.

Calculator (how to use calculator?)

Average inventory formula
Bi
Ei
AI
Precision

Formula code








References

  1. Wikepedia:Inventory Turnover Equation.

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