Days In Inventory using Inventory Turnover Calculator

Use the below simple finance calculator to calculate the days in inventory. It is calculated using the Inventory Turnover ratio. The days in inventory is defined as the measure of the average number of days a company holds its inventory in stock before selling it. It helps to analyses the average time period the funds are tied up in inventory. The below days in inventory using inventory turnover calculator helps to determine how quickly a company is converting their products into sales.

Use the below simple finance calculator to calculate the days in inventory. It is calculated using the Inventory Turnover ratio. The days in inventory is defined as the measure of the average number of days a company holds its inventory in stock before selling it. It helps to analyses the average time period the funds are tied up in inventory. The below days in inventory using inventory turnover calculator helps to determine how quickly a company is converting their products into sales.

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Formula:

Days in Inventory (DII) = 365 / Inventory Turnover

Example:

A company has inventory turnover of Rs. 85, calculate its days in inventory.

Solution:

DII = 365 / 85
= 4.29


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