Inventory Turnover Ratio Calculator

Inventory Turnover Ratio Calculator

Inventory Turnover Ratio Calculator

Inventory Turnover Ratio Calculator
Parameter Description Example Value
Cost of Goods Sold (COGS) The total cost of goods sold during the period. $300,000
Average Inventory The average inventory held by the company. $50,000
Inventory Turnover Ratio The ratio of COGS to average inventory.
Formula: COGS / Average Inventory
6.0

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