Professional Documents
Culture Documents
Calculation method a
Your data
Your result
5
7.5
6
4
Raw material st
WIP - Work in
process
Finished goods
stock
Total inventory
25.00
20.00
15.00
10.00
5.00
0.00
25%th percentile
Median
Your result
75% percentile
75% percentile
10
15.6
12
7
18
40.3
24
13.1
e inventory at cost]
Generally, the cost of goods sold may not be known from the publi
circumstances, the inventory turnover ratio may be calculated by d
cost. If average inventory at cost is not known then inventory at se
and where the opening inventory is also not known the closing inv
inventory.
Source: http://www.accountingformanagement.com/stock_turn_ove
ULATION
Calculation method b + c + d
Your data
Your result
Net sales
0
0
0
y, the cost of goods sold may not be known from the published financial statements. In such
ances, the inventory turnover ratio may be calculated by dividing net sales by average inventory at
verage inventory at cost is not known then inventory at selling price may be taken as the denominator
re the opening inventory is also not known the closing inventory figure may be taken as the average
y.
http://www.accountingformanagement.com/stock_turn_over_ratio.htm
h
entory at
enominator
e average
ntory
ocks are
o indicates
ories, dull
ds and low
, where a
ratio may
-investment
<5%
As a rule of thumb
the BMI in this
calculation should
not exceed 5%.