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Home > Business & Careers > Accounting   »   inventory turnover calculation

 
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Old Sep 18, 2007, 04:56 PM
Brian Zavaleta
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inventory turnover calculation

what is the inventory turnover calculation

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Old Sep 18, 2007, 09:46 PM   #2  
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1) Inventory Turnover = Sales / Inventory

or

2) Inventory Turnover = COGS / Average Inventory

Typically the first calculation is more common.
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