Inventory Days Calculator

Calculate the average number of days inventory sits before being sold.

Inventory Days Calculator
58.4 days

How This Works

This converts a turnover relationship into an average number of days โ€” how long, on average, inventory sits before selling or how long a payable stays outstanding before being paid.

Formula

Days = (Average Inventory ÷ Cost of Goods Sold) × 365

Example

$500,000 COGS against $80,000 average inventory is a turnover of 6.25 times per year, or about 58 days of inventory on hand.

Frequently Asked Questions

What is the result with these numbers?

58.4 days.