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