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Inventory Turnover

Inventory turnover is an equation that measures the number of times inventory is sold or used over in a period such as a year. The equation equals the cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, stockturn, stock turns, turns, and stock turnover.


Inventory Turnover = Net Sales รท Average Retail Stock

Enter Net Sales:

Average Retail Stock Value:

This page uses content from the English Wikipedia. The content of Wikipedia is available under the GNU Free Documentation License.

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