How to use the inventory turnover calculator
- Annual cost of goods sold: Cost of inventory sold during the period.
- Beginning inventory: Inventory value at period start.
- Ending inventory: Inventory value at period end.
- 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.