Inventory Days On Shelf Formula is a powerful metric that helps businesses gain insight into stock turnover and optimize their inventory strategies. It’s calculated by dividing the total number of days in a given period by the average daily rate of inventory usage (also known as “inventory demand”). This formula gives business owners an accurate picture of how long products are on the shelves, allowing them to make informed decisions about ordering new stock and managing their overall inventory. By keeping a close eye on Inventory Days On Shelf Formula, businesses can ensure they have the right amount of stock available at all times and avoid overstocking or under-stocking their shelves.