The formula for calculating the days of inventory turnover, the formula for calculating the days of

Updated on technology 2024-03-28
4 answers
  1. Anonymous users2024-02-07

    Inventory turnover days = 360 inventory turnover times.

    Number of inventory turnover = cost of main business Average amount of inventory.

    Average Inventory Amount = (Opening Amount + Closing Amount) 2

    That is, the number of days of inventory turnover = 360 the number of inventory turnovers.

    360 (Cost of Sales, Average Inventory Amount).

    Inventory turnover analysis indicators can also be used for inventory turnover analysis on accounting quarters and accounting months. You can convert the calculated value corresponding to 360 days to the calculated value corresponding to 90 days and 30 days respectively.

  2. Anonymous users2024-02-06

    The formula for calculating inventory turnover days is as follows:

    Month) Inventory Turnover Days = (Period Average Inventory 30) Period Cost of Sales.

    Average inventory for the period (inventory at the beginning of the month + inventory at the end of the month) 2

    Raw material inventory cycle rate = annual material consumption Average inventory value of raw materials Work-in-process inventory turnover rate = production output value Average work-in-process inventory value Inventory turnover rate.

    Inventory turnover rate (days) expresses the production and sales rate of the company's products, if the turnover rate is too small (or the number of days is too long) compared with other companies in the same industry, it is necessary to pay attention to whether the company's products can be sold smoothly.

    Related formulas. Inventory (inventory) turnover days = 360 Inventory turnover times = (average inventory amount 360) Product cost of sales amount.

    Number of inventory (inventory) turnovers = amount of product cost of sales Average inventory amount.

    Inventory turnover days are calculated by the formula.

    Inventory turnover rate = annual cost of products sold Annual average inventory value.

    It can also be divided in: raw material inventory cycle rate = annual material consumption and average raw material inventory value.

    Extended information] inventory turnover days refers to the number of days experienced by an enterprise from the time of obtaining inventory products into storage to consumption and sales. The fewer days of turnover, the faster the inventory can be realized.

    Inventory (inventory) turnover days = 360 Inventory turnover times = (average inventory amount 360) Product cost of sales amount.

    Number of inventory (inventory) turnovers = amount of product cost of sales Average inventory amount.

  3. Anonymous users2024-02-05

    Number of days of inventory turnover.

    360 Number of inventory turnovers, number of inventory turnovers = cost of main business.

    The average amount of inventory in Mushan, the average amount of inventory = (opening amount + closing amount) 2, that is, the number of inventory turnover days = 360 the number of inventory turnover = 360 (cost of sales average amount of inventory) = 360 {cost of sales [(amount at the beginning of the inventory + amount at the end of the inventory year) 2].

    The official website shall prevail.

  4. Anonymous users2024-02-04

    The formula for calculating inventory turnover days is:

    Inventory turnover days = 365 inventory turnover times;

    Or: Number of Inventory Turnover = Cost of Goods Sold Average Inventory Balance.

    That is, the number of days of inventory turnover = 360 the number of inventory turnover = 360 (cost of sales average amount of inventory) = 360

    Inventory turnover day is the number of days that a business goes through from the beginning of acquiring inventory to consuming sales. Inventory turnover day is an auxiliary indicator of inventory turnover ratio. The fewer the days of inventory turnover, the faster the inventory can be realized, the higher the efficiency of working capital utilization, and the higher the efficiency of inventory management.

    The lower the number of inventory turnover days, the more inventory turnover times and the lower the average inventory. However, the inventory is too small to meet the needs of the turnover, so the fewer the days of inventory turnover, the better. However, it is not always the case that the more days of inventory turnover, the better, because too much inventory will take up too much capital and cause a waste of resources.

    Under specific production and operation conditions, there is an optimal level of inventory.

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