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Online financial calculator to calculate the average number of days of goods in inventory before sales.
Calculator of Days in InventoryDOWNLOAD CALCULATOR
Formula of Days in Inventory
Average Inventory = (Beginning Inventory + Ending Inventory) / 2 Days in Inventory = 365 × Average Inventory / Cost of goods sold
Calculation of goods’ Days in Inventory (DII) before sales is made easier.