Inventory turnover

Formula

Inventory turnover formula
IT
inventory turnover
CGS
cost of goods sold
AI
average 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?)

Inventory turnover formula
CGS
AI
IT
Precision

Formula code

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References

  1. Wikepedia:Inventory turnover.

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