Days in Inventory

Online financial calculator to calculate the average number of days of goods in inventory before sales.

Calculator of Days in Inventory

Initial Inventory =
Final Inventory =
Cost of goods sold (COGS) =
Average Inventory =
Days in Inventory =

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.

Leave a Comment

Copyright © Designed & Developed by WpCalc 2019

Free Wordpress plugin for creating any online calculators.