Inventory Turnover Calculator

Calculate how efficiently your business manages inventory with turnover ratio, DIO, and carrying costs.

Cost of Goods Sold ($)

Beginning Inventory ($)

Ending Inventory ($)

Annual Carrying Cost Rate (%)

Results

Inventory Turnover6.67x per year

Average Inventory$75,000

Days Inventory Outstanding (DIO)55 days

Annual Carrying Cost$18,750

Benchmark

Average - Industry standard turnover