Inventory Turnover Rate Calculator is a helpful tool that allows businesses to measure their sales performance by calculating how quickly they are able to move through their stock. This rate helps businesses identify areas of overstocking and analyse purchasing patterns so they can maximise operational efficiency. It’s an important metric for businesses to measure as it not only gives them an insight into the effectiveness of their operations, but also provides a picture of their financial health. By understanding their inventory turnover rate and taking steps to improve it, businesses can ensure that they are making the most out of their resources.