Days Inventory Outstanding
This report displays the Days Inventory Outstanding trend that is calculated based on the Inventories, Cost of goods sold and number of days in selected period range for the specified fiscal period. The Inventories (moving average) and Cost of goods sold (moving total) are displayed in a bar chart. The Days Inventory Outstanding trend is displayed as a line.
Days Inventory Outstanding = Inventories / Cost of goods sold x number of period days
By default, this report compares the Days Inventory Outstanding for six fiscal periods.
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The report is displayed as a spreadsheet. The first and second column of this report lists the accounts and values, such as calculated average of Inventories, calculated sum of Cost of goods sold and number of period days based on which the Days Inventory Outstanding is calculated. The remaining columns display the values based on which the Inventories and Cost of goods sold are calculated for the specified fiscal periods.