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Fulfillment & receiving
Inventory Turnover Calculator
Calculate inventory turnover and days inventory outstanding (DIO) from cost of goods sold and inventory value.
How inventory turnover works
Inventory turnover is cost of goods sold divided by average inventory, where average inventory is beginning plus ending inventory divided by two.
Days inventory outstanding (DIO) is the number of days in the period divided by inventory turnover. It shows roughly how many days your current stock lasts.
Periods use 365 days for a year, 91 for a quarter, and 30 for a month.
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