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    sbingul's Avatar
    sbingul Posts: 1, Reputation: 1
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    #1

    Dec 1, 2006, 07:18 AM
    Turnover
    How calculate turnover for inventory?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Dec 2, 2006, 11:42 PM
    Inventory Turnover = Cost of Goods Sold / Average Inventory

    Or

    Inventory Turnover = Sales / Inventory

    See: http://www.investopedia.com/terms/i/...ryturnover.asp
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