Inventory Turnover Ratio Calculation In Excel | Step-by-Step Excel Tutorial | Inventory Turn Formula
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Welcome to the new video of @10minforsupplychain
Want to analyse your inventory performance like a pro?
In this video, you’ll learn step-by-step how to calculate the Inventory Turnover Ratio in Excel and build a professional Supply Chain Dashboard — no advanced software needed!
We’ll cover everything from input data setup to automated KPI calculations including:
✅ Inventory Turnover Ratio
✅ Days of Inventory Outstanding (DIO)
✅ Cost of Goods Sold (COGS) vs. Average Inventory
✅ Real-time chart visuals
✅ Interactive Excel-based dashboard
Whether you’re a supply chain analyst, inventory planner, business owner, or Excel learner, this tutorial will help you understand how efficiently your company manages inventory — and how to optimize it for better cash flow and working capital.
📘 What You’ll Learn
Step-by-step Excel formulas for Inventory Turnover Ratio
How to calculate COGS and Average Inventory correctly
How to interpret the ratio for performance improvement
How to visualize KPIs using Excel charts
Build a live dashboard for inventory efficiency monitoring
💡 Excel Formulas Covered
Inventory Turnover Ratio = COGS / Average Inventory
Days of Inventory Outstanding (DIO) = 365 / Turnover Ratio
Average Inventory = (Opening Stock + Closing Stock) / 2
🔍 Questions This Video Answers
What is the Inventory Turnover Ratio in supply chain management?
How to calculate inventory turnover in Excel?
What is a good inventory turnover ratio?
How to calculate days of inventory outstanding (DIO) in Excel?
How does inventory turnover affect business profitability?
What’s the difference between high and low turnover ratios?
How to calculate COGS from sales data in Excel?
How to automate inventory KPIs using Excel formulas?
What Excel formulas are used for inventory turnover?
How to build an inventory dashboard in Excel?
How to analyse warehouse inventory performance?
What are common inventory management KPIs?
How to interpret inventory turnover ratio for decision-making?
How to reduce excess inventory using Excel analytics?
What is the ideal inventory turnover ratio for a business?
How to calculate and track inventory metrics monthly?
How to connect Excel inventory data to charts and visuals?
How to improve stock replenishment using turnover ratio?
What are the financial implications of poor inventory turnover?
How to present inventory analytics professionally in Excel?
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