Inventory turnover

IT=fracCOGSAIIT=\\frac{COGS}{AI}

What it does

Calculates inventory turnover from the supplied values.

When to use it

Use this business formula when the named quantities are known.

Variables

Worked example
{
  "inputs": {
    "cogs": 800,
    "averageInventory": 200
  },
  "result": 4
}
Common mistakes
Check units, signs, brackets and that every value is entered in the stated units.