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Inventory Turnover Calculator

Last updated: October 15, 2026

Calculate inventory turnover and estimated days inventory on hand.

Inventory turnover

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  • Average inventory: —
  • Days inventory on hand: —
  • Average inventory as % of COGS: —
On this page

Quick summary: Calculate inventory turnover and estimated days inventory on hand.

Updated October 14, 2026 • Estimated reading time: 4 minutes
Read the method, example and limitations

Guide language: English. Updated October 15, 2026.

What this calculator estimates

Inventory Turnover Calculator

Inputs and units

Use the units shown for Cost of goods sold for the period ($), Beginning inventory ($), Ending inventory ($), Days in the measurement period. Required fields cannot be blank. Use zero only where that field and the model allow it. Select Calculate after changing a scenario.

Method and assumptions

Average inventory is (beginning + ending inventory) / 2. Turnover is cost of goods sold divided by positive average inventory; days on hand is period days divided by positive turnover.

Worked example

Zero average inventory gives undefined turnover. With inventory present but zero cost of goods sold, a finite days-on-hand figure is unavailable.

Limitations

Inventory and cost of goods sold must use a consistent valuation and period. Zero denominators are not zero-day inventory cycles.