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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.

Formula

Inventory Turnover = Net Sales รท Average Retail Stock

Enter Net Sales:

Average Retail Stock Value:

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