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Loans and Finance

Inventory turnover rate and turnover days

The number of turnovers and the average number of days is calculated using the period sales cost and the initial inventory at the end of the period.

This tool is calculated according to Chinese rules and RMB; the switching language will not change the tax system, interest rate, unit or applicable area.

Inventory turnover rate and turnover days User manual

  1. Fill in the parameters or select the file according to the form, and check the unit and format first.
  2. The annual sales cost is 500,000, the initial inventory is 100,000, and the end of the period is 150,000.
  3. Click the processing button to view the results, you can copy or download and save.

Calculation method and processing rules

The arithmetic mean at the end of the average inventory collection period, and the number of turnovers is the cost and the average inventory.

scope of use

The amount and caliber must be the same; the seasonal inventory is recommended to use a more detailed time series, which is not a substitute for financial auditing.

Will the input content be saved on the server?

This tool handles input in the browser, and does not upload files or form content. Typing practice scores are only saved in the native browser.

Why may the result be different from other tools?

The amount and caliber must be the same; the seasonal inventory is recommended to use a more detailed time series, which is not a substitute for financial auditing. Please compare the input unit, rounding method, applicable rules and data version first.