Basic formula
Turnover ≈ cost of goods sold ÷ average inventory value for the period. Use posted documents as the source for both numerator and average.
Inventory turnover formula for small teams
Turnover only helps when on-hand matches posted receipts and shipments.
Published Tuesday, September 29, 2026
Pull numbers from posts
Export inventory CSV after month-end posts instead of maintaining a parallel sheet for COGS and on-hand.
Review cadence
Review turnover monthly after posts close, adjust safety stock when velocity shifts.
Stop reconciling spreadsheets.
Create a workspace, import or add master data, and post your first receipt or shipment to see totals align.