Before you start
What you need
Annual COGS, opening inventory, closing inventory, and currency.
Finance & Business Finance
Measure how often average inventory value is consumed through annual cost of goods sold.
Transparent method
Opening and closing inventory are averaged. Annual COGS divided by that average gives turnover; 365 divided by turnover estimates days inventory.
Before you start
Annual COGS, opening inventory, closing inventory, and currency.
Useful output
Turnover multiple, average inventory, approximate days inventory, assumptions, and CSV.
Decision guardrail
A two-point average can miss seasonal peaks and says nothing about service levels, stockouts, or obsolete items.
Practical uses
Data boundary
Calculations and report generation run in your browser. Nirmion does not upload, retain, or recover the values entered here. The public catalogue request contains only the tool slug.