Inventory Turnover – Excel Template

Ivan Kitov
Ivan Kitov

Inventory Turnover is an activity ratio that represents the number of times a business has sold and replaced inventory during a given period. It is calculated as cost of goods sold divided by average inventory.

Some other related topics you might be interested to explore are Number of Days of Inventory, Operating Cycle, and Net Operating Cycle.

This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as an Accountant, Financial Analyst, Corporate Finance Practitioner, or Finance Manager.

You can now download the Excel template for free.

Inventory Turnover is among the topics included in the Corporate Finance module of the CFA Level 1 Curriculum.