The inventory turnovers and average inventory turnovers are calculated when the standard analyses are carried out.

The inventory turnover of a particular stock is calculated as follows: Total usage
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Average stock

The average stock is calculated by adding the beginning stock and the ending stock in the period to analyze and dividing by two.

The following key figures can be evaluated:

• Inventory turnover of valuated stock

• Inventory turnover of consignment stock

• Inventory turnover of total stock

The inventory turnover of a stock value is calculated as follows:

Total usage value
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Value of the average stock

The value of the average stock is calculated by adding the beginning and ending stock in the period to analyze and dividing by two.

The following key figures can be evaluated:

• Inventory turnover of valuated stock

• Inventory turnover of total stock value

The average inventory turnover of a particular stock is calculated as follows:

Average total usage/day
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Average stock

The average total usage is derived by dividing the total usage by the number of days in the period to analyze.

The following key figures can be evaluated:

• Average inventory turnover of valuated stock

• Average inventory turnover of total stock

• Average inventory turnover of consignment stock

Average total usage value/day
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Value of the average stock

The value of the average stock is derived by adding the beginning stock and the ending stock and dividing by two.

The following key figures can be evaluated:

• Average inventory turnover value of valuated stock

• Average inventory turnover of total stock value

The inventory turnover of a particular stock per year is derived by dividing the total usage by the average stock over one year. The average stock is derived by adding the beginning stock and the ending stock in the time period to analyze divided by two.

The following key figures can be evaluated:

• Inventory turnover of valuated stock per year

• Inventory turnover of consignment stock per year

• Inventory turnover of total stock per year

The inventory turnover of a particular stock value per year is calculated by dividing the total usage value by the value of the average stock over one year. The value of the average stock is calculated by adding the beginning stock value and the ending stock value in the time period to analyze divided by two.

The following key figures can be evaluated:

• Inventory turnover value of valuated stock per year

• Inventory turnover of total stock value per year