basic

Inventory Turnover Ratio Calculator

Turnover = COGS / average inventory; days = 365 / turnover.

Compute a company's inventory turnover ratio (cost of goods sold ÷ average inventory) and the corresponding days-on-hand (365 ÷ turnover). Higher turnover indicates more efficient inventory management.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

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Results

Enter values and click Calculate to see results.
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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

Turnover = COGS / avg_inventory; Days inventory = 365 / turnover.

In depth

Compute a company's inventory turnover ratio (cost of goods sold ÷ average inventory) and the corresponding days-on-hand (365 ÷ turnover). Higher turnover indicates more efficient inventory management.