Inventory Turnover Ratio Calculator
Calculate inventory turnover and days inventory on hand to optimize inventory management.
Calculation Inputs
Calculation Results
📊
Enter inputs on the left and click Calculate to view results.
Formula & Methodology
Turnover = COGS / Avg Inventory; Days = 365 / Turnover
Higher turnover = leaner inventory management. Low turnover may mean overstocking or slow sales.
Frequently Asked Questions
What is a good inventory turnover ratio?
Retail: 4-8×/year. Grocery: 15-30×. Manufacturing: varies. Compare to industry peers for meaningful analysis.