Detailed view
How this calculator works
The answer does not change between Quick and Detailed. This is the professional finance underneath it — the formula, assumptions and mechanics you can inspect when you want the extra detail.
Turns / yr
Turns = COGS ÷ average inventory. The number of times per year the average inventory on hand is sold through and replaced.
Days on hand
Days of inventory on hand = 365 ÷ turns. The average # of days a unit sits before it sells, derived from the turnover figure.
