๐ฆ Inventory
๐ Inventory Turnover Ratio
Measure how efficiently your business sells and replaces inventory. Compare against industry benchmarks.
๐ Inputs
Annual COGS from your income statement
Average Inventory: $100,000.00
Inventory Turnover Ratio
5.00x
times per year
Days Inventory on Hand
73
days to sell through stock
Retail (General) Benchmark
4x โ 12x
Within industry benchmark range โ healthy inventory management.
๐ Industry Benchmark Reference
| Industry | Typical Range | Your Ratio |
|---|---|---|
| Retail (General) | 4x โ 12x | 5.00x |
| Grocery / FMCG | 15x โ 30x | |
| Apparel / Fashion | 3x โ 6x | |
| Electronics | 5x โ 10x | |
| Manufacturing | 4x โ 8x | |
| Automotive | 6x โ 12x | |
| Pharmaceuticals | 3x โ 6x |
Inventory Turnover = COGS รท Average Inventory
= $500,000.00 รท $100,000.00 = 5.00x
Days on Hand = 365 รท Turnover Ratio = 73 days