A helping hand from TradeGecko, see how we are responding to COVID-19

What is inventory turnover:
The inventory turnover formula in 3 simple steps

Inventory turnover is a ratio that measures the number of times inventory is sold or consumed in a given time period.

Also known as inventory turns, stock turn, and stock turnover, the inventory turnover formula is calculated by dividing the cost of goods sold (COGS) by average inventory.

inventory-mgmt-header-img-pillar-page