Inventory Turns Finished Goods
This report displays the Inventory Turns Finished Goods trend that is calculated based on the Cost of goods sold and Finished goods and merchandise for the specified fiscal period. The Cost of goods sold (moving total) and Finished goods and merchandise (moving average) are displayed in a bar chart. The Inventory Turns Finished Goods trend is displayed as a line.
Inventory Turns Finished Goods = Cost of goods sold / Finished goods and merchandise
By default, this report compares the Inventory Turns Finished Goods 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 sum of Cost of goods sold and calculated average of Finished goods and merchandise based on which the Inventory Turns Finished Goods is calculated. The remaining columns display the values based on which the Cost of goods sold, Finished goods and merchandise are calculated for the specified fiscal periods.