oboloo Glossary

Inventory Turn Calculator

oboloo Glossary

Inventory Turn Calculator

Inventory Turn Calculator is one of the most essential tools for any business looking to understand their inventory performance. It helps businesses measure how quickly they are turning over their stock, by calculating the cost of goods sold divided by the average stock value. By using this calculation, businesses can identify the optimal balance between having too much or not enough inventory on hand. This ensures that businesses are able to satisfy customer demand without overspending on unnecessary stock. Put simply, Inventory Turn Calculator is a powerful tool for helping businesses stay efficient and profitable.