Inventory Turnover Calculator

Calculate inventory turnover and approximate days inventory on hand.

Enter your values, then select the button.
Inventory Turnover Calculator method
COGS ÷ average inventory.

How to use the inventory turnover calculator

  1. Annual cost of goods sold: Cost of inventory sold during the period.
  2. Beginning inventory: Inventory value at period start.
  3. Ending inventory: Inventory value at period end.
  4. Select the button and review the result.

Worked example

600,000 COGS and 120,000 average inventory equals 5 turns.

Method and limitations

COGS ÷ average inventory.

Accounting methods, seasonality, and write-downs can affect comparison.

Common questions

Why might another result be different?

Inputs, rounding, policies, rates, and assumptions can differ. Compare like-for-like values and use current official information when a rate or rule can change.

Does NidXee save my entries?

No. The calculation runs in your browser. Reloading or closing the page may clear it.