Buy Office 2010

Average Inventory

Average Inventory is used to Calculate by Adding up the inventory at beginning of Month and inventory at end of month and divided by 2. It compute Inventory Turn Rate and Gross Margin Return of Inventory, so it is an extremely important figure.

Formula

Average Inventory (Month) = (Beginning of Month Inventory + End of Month Inventory) รท 2

Enter Initial Month Inventory

Enter End Month Inventory

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