Calculate the Days in Inventory with our free online tool using the input parameters: Initial Inventory, Final Inventory, Cost of goods sold (COGS)
Utilize our online Inventory Days Calculator to determine the average number of days it takes for goods to be sold from inventory. This calculation provides valuable insights into inventory turnover and efficiency. By entering the cost of goods sold and average inventory, you can quickly calculate the number of days it takes to sell inventory. Streamline your inventory management and make informed decisions to optimize your business operations. Try our Inventory Days Calculator now and gain valuable insights into your inventory turnover.
- Average Inventory = (Beginning Inventory + Ending Inventory) / 2
- Days in Inventory = 365 × Average Inventory / Cost of goods sold
Simplify the calculation of Days in Inventory (DII) for goods before sales with our convenient online calculator. Determine the average number of days it takes for goods to be sold from inventory, providing valuable insights into inventory management and turnover. With just a few inputs, such as cost of goods sold and average inventory, you can quickly calculate the DII. Optimize your inventory management and make informed decisions with ease using our user-friendly calculator. Try it now and streamline your inventory analysis.