The Inventory Turnover Ratio (ITR) Calculator helps businesses and investors measure how efficiently inventory is being managed. It calculates how many times inventory is sold and replaced during a period based on the Cost of Goods Sold (COGS) and average inventory (computed from beginning and ending inventory).
It can also compute COGS, Beginning Inventory, or Ending Inventory if other values are known, helping assess operational efficiency and optimize stock levels.
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