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Inventory Turnover illustration

Franchise · Efficiency

Inventory Turnover

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Use inventory turnover to see how quickly stock sells and gets replaced, so you can manage ordering and spot slow-moving inventory.

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Interactive workbench

Retail stock

Cost of Goods Sold / Average Inventory

$120,000 of COGS on $20,000 of average inventory is 6 turns.

Check your inputs before you rely on the result — calculations are informational only and depend entirely on the numbers you enter. See our Terms.

Variables and units

  • Cost of Goods Sold

    Cost of goods sold for the period.

    currency

  • Average Inventory

    Average inventory value over the period.

    currency

Common mistakes

  • Using ending inventory instead of the average.
  • Mixing retail price with cost values.

Step-by-step example

Retail stock

$120,000 of COGS on $20,000 of average inventory is 6 turns.