Retail Formulas
- Acid - Test Ratio»
- Average Inventory»
- Basic Retailing Formula»
- Break - Even Analysis»
- Contribution Margin»
- Cost of Goods Sold»
- Gross Margin»
- Gross Margin Return on Investment»
- Initial Markup %»
- Inventory Turnover»
- Maintained Markup»
- Margin %»
- Markup»
- Net Sales»
- Open to Buy»
- Percentage Increase/Decrease»
- Quick Ratio»
- Reductions»
- Sales per Square Foot»
- Sell - Through Rate»
- Stock to Sales Ratio»
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.
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