Example: Cost of goods sold (annual): $800,000 · Average inventory value: $120,000 → Inventory turnover: 6.7× / year.
Days inventory on hand: 55 days
Frequently asked questions
How do I calculate inventory turnover? Enter your numbers above and the result updates instantly. For example: Cost of goods sold (annual): $800,000 · Average inventory value: $120,000 → Inventory turnover: 6.7× / year.
Is this Inventory Turnover Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for inventory turnover. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.