calculate_inventory_turnover
Compute inventory turnover ratio by dividing COGS by average inventory. Analyze retail efficiency with turnover and days-on-hand metrics.
Instructions
Compute inventory turnover ratio = COGS / avg inventory. Use for retail efficiency analysis. Inputs: COGS, average inventory value. Returns turnover and days-on-hand. See list_bundles for related 'finance-universal' calculators.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cogs | Yes | Cost of goods sold | |
| avg_inventory | Yes | Average inventory value |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | No | Computed result. Object whose fields depend on the tool (e.g. {tax, marginal_rate, brackets} for tax tools, {volume_l, gallons} for volume tools). | |
| formula | No | Human-readable formula or method used (e.g. "I=P·r·t", "Magnus formula"). | |
| source | No | Authoritative source for the rule or formula (e.g. "Article 197 CGI", "NF DTU 21"). | |
| reference_url | No | Link to a calcul2 page documenting the calculation in detail. |