Beginning inventory(given average inventory and ending inventory)

Formula

Beginning inventory(given average inventory and ending inventory) formula
Bi
beginning inventory
AI
average 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?)

Beginning inventory(given average inventory and ending inventory) formula
AI
Ei
Bi
Precision

Formula code

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References

  1. Wikepedia:Inventory Turnover Equation.

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