Inventory Turnover (Historical)
Returns how many times inventory is sold and replaced during a period. Higher values indicate faster inventory movement.
Formula
Inventory Turnover = Cost of Goods Sold / Average Inventory
Parameters
| Parameter | Required | Description |
|---|---|---|
| Symbol | Yes | Stock ticker symbol |
| Year | Yes | Fiscal year or period code |
| Quarter | No | Calendar quarter 1-4 (default: 1) |
| TTM | No | Enter "TTM" for trailing twelve months |
Syntax
=hf_Inventory_turnover(Symbol, Year, [Quarter], [TTM])Examples
=hf_Inventory_turnover("AAPL", 2023, 4)=hf_Inventory_turnover("WMT", 2022, , "TTM")When to Use
- Analyzing inventory management efficiency
- Comparing operational efficiency across retailers
- Supply chain analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need receivable turnover | hf_Receivable_turnover() |
| Need days in inventory | hf_Number_of_days_cost_of_goods_sold_in_inventory() |
Common Issues & FAQ
What is a good inventory turnover?
Varies by industry. Grocery stores have high turnover; luxury goods have lower turnover.
Excel Templates Using Inventory Turnover (Historical)
These ready-made MarketXLS templates call hf_Inventory_turnover() in their worksheet formulas. Open one to see the function working inside a complete model.
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