basic

Inventory Turnover & Days on Hand Calculator

ITO = COGS/Avg_inventory — efficiency of inventory use.

Calculates inventory turnover ratio and days on hand from cost of goods sold and average inventory to assess operational efficiency.

Daniel Oh By Daniel Oh
Published Last reviewed 1 min read

Inputs

Results

Enter values and click Calculate to see results.
Was this helpful?

How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

ITO = COGS / Avg_Inventory; Days = 365 / ITO

In depth

Calculates inventory turnover ratio and days on hand from cost of goods sold and average inventory to assess operational efficiency.