Inventory Turnover Ratio Turn Rate Inventory
Inventory Turnover Ratio = Cost of Goods Sold (COGS) / Average Inventory. Where, Average Inventory = (BI + EI) / 2. Download the Excel (How to calculate Inventory Turnover Ratio) here : If you Calculating the Inventory Turnover Ratio in Excel | PART 02 | IVA Works Retail Inventory Turnover Rate Simply Explained Does Inventory Turn Rate Affect Cash Flow? 5 Step to build a Profitable & Autopilot Enterprise by RetailCOACH. Unlock the hidden opportunity with Business Coaching and ...