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

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

Q: What is a good inventory turnover? A: Varies by industry. Grocery stores have high turnover; luxury goods have lower turnover.

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today
MarketXLS Excel Add-in Tutorial - How to Use Inventory Turnover (Historical) and Other Financial Formulas
▶
How does MarketXLS work?

Related Functions