Average Inventory Calculator

Calculate your average inventory level over a period, as explained in the guide

Choose 'Simple' for basic calculation or 'Multi-Period' for more data points, as per the article examples
Please enter valid positive numbers for all inventory values (use . for thousands, , for decimals)
Average Inventory = (Beginning Inventory + Ending Inventory) / 2

Your Average Inventory Result

$0

What this means:

Tips from the Guide:

• Use this average to avoid extra stock and stockouts
• Combine with Inventory Turnover Ratio: ITR = Cost of Goods Sold / Average Inventory
• For seasonal patterns, use multi-period calculations to spot trends
• Track frequently (e.g., monthly) for sharper insights and better decisions
• Consider Economic Order Quantity (EOQ) to optimize ordering based on your average