inFlow Inventory
  • Software
    • Features
      • Inventory ControlSave money and take control of your inventory
      • Purchasing and ReceivingSend POs and receive product from any device
      • BarcodingGenerate barcodes and save time with every scan
      • ReportingSee your business your way with 30+ reports
      • ManufacturingCreate assemblies or kits while tracking your costs
      • Integrations & APIConnect inFlow to online sales, accounting, and more
      • Sales and InvoicingQuote, pick, ship, and invoice in one place
      • MobileGet real work done right from your smartphone
      • B2B PortalTake B2B orders online–without a separate store
      • See All Features
    • Use Cases
      • WarehouseChoose a WMS that’s easy to set up and deploy
      • Assembly and BOMSee how inventory tracking keeps you ahead of orders
      • WholesaleinFlow brings order to even the largest of orders
      • Asset TrackingAn equipment signout solution your team will actually use
      • Field ServiceTrack tools and materials across all of your job sites
    • By Region
      • Worldwide
      • United States
      • Canada
      • United Kingdom
      • Australia
      • UAE
    • Talk to SalesFind out quickly if inFlow is right for you
  • Hardware
    • Products
      • Smart ScannerThe complete solution for running your operations
      • AccessoriesSmart accessories for your Smart Scanner
      • PrinterinFlow + DYMO make label creation easy
    •  
    • Contact SalesFind out quickly if inFlow is right for you
  • Support
    • Need Help?
      • Get SupportNeed help? Contact the inFlow support team
      • Contact SalesGet expert advice and see if inFlow is the right fit for you
      • Professional ServicesHire an in-house expert to set inFlow up for you.
      • Become a PartnerRefer inFlow to your clients and earn commission
    • Resources
      • Knowledge BaseGot an inFlow question? Our KB has the answer
      • VideosInventory management advice without the whiteboard
      • BloginFlow updates and long-form articles for small businesses
      • WebinarsinFlow tips straight from our in-house experts
      • CommunityConnect and learn from other inFlow customers
    • Highlights
      • 3 free barcode generators that are actually worth your time
      • Connecting to QuickBooks Online – set up, troubleshooting and FAQs
      • inFlow now has an improved PO software system
    • Contact SalesFind out quickly if inFlow is right for you
  • Pricing
  • Talk to SalesFind out quickly if inFlow is right for you
  • Login
  • Free Trial
  • Software
    • Features
      • Inventory ControlSave money and take control of your inventory
      • Purchasing and ReceivingSend POs and receive product from any device
      • BarcodingGenerate barcodes and save time with every scan
      • ReportingSee your business your way with 30+ reports
      • ManufacturingCreate assemblies or kits while tracking your costs
      • Integrations & APIConnect inFlow to online sales, accounting, and more
      • Sales and InvoicingQuote, pick, ship, and invoice in one place
      • MobileGet real work done right from your smartphone
      • B2B PortalTake B2B orders online–without a separate store
      • See All Features
    • Use Cases
      • WarehouseChoose a WMS that’s easy to set up and deploy
      • Assembly and BOMSee how inventory tracking keeps you ahead of orders
      • WholesaleinFlow brings order to even the largest of orders
      • Asset TrackingAn equipment signout solution your team will actually use
      • Field ServiceTrack tools and materials across all of your job sites
    • By Region
      • Worldwide
      • United States
      • Canada
      • United Kingdom
      • Australia
      • UAE
    • Talk to SalesFind out quickly if inFlow is right for you
  • Hardware
    • Products
      • Smart ScannerThe complete solution for running your operations
      • AccessoriesSmart accessories for your Smart Scanner
      • PrinterinFlow + DYMO make label creation easy
    •  
    • Contact SalesFind out quickly if inFlow is right for you
  • Support
    • Need Help?
      • Get SupportNeed help? Contact the inFlow support team
      • Contact SalesGet expert advice and see if inFlow is the right fit for you
      • Professional ServicesHire an in-house expert to set inFlow up for you.
      • Become a PartnerRefer inFlow to your clients and earn commission
    • Resources
      • Knowledge BaseGot an inFlow question? Our KB has the answer
      • VideosInventory management advice without the whiteboard
      • BloginFlow updates and long-form articles for small businesses
      • WebinarsinFlow tips straight from our in-house experts
      • CommunityConnect and learn from other inFlow customers
    • Highlights
      • 3 free barcode generators that are actually worth your time
      • Connecting to QuickBooks Online – set up, troubleshooting and FAQs
      • inFlow now has an improved PO software system
    • Contact SalesFind out quickly if inFlow is right for you
  • Pricing
  • Talk to SalesFind out quickly if inFlow is right for you
  • Login
  • Free Trial
Use This Simple Formula to Calculate Inventory Turnover Ratio

Use This Simple Formula to Calculate Inventory Turnover Ratio

by Micah Hartmann | Nov 16, 2020 | Inventory

The inventory turnover ratios for each of your products can help you determine how marketable your goods are and how effective your marketing is. Inventory turnover is a crucial measurement for understanding how your business is performing. This metric can help you...