Gross and True Turns

Fixedopsmgr · Post by **Fixedopsmgr** » Mon Oct 21, 2002 12:42 pm

I know that I have this info somewhere but I thought I would ask for it in this forum. I am looking for the calculations for gross and true turns on my inventory.

Thanks

Gary J. Naples · Post by **Gary J. Naples** » Tue Oct 22, 2002 2:28 pm

Gross Turns = Cost of Sales divided by Inventory Value

True Turns = Stock Order Purchases divided by Inventory Value

or

Gross Turns X Stock Order Performance

Hope this helps.

Gary J Naples
FREELANCE ASSOCIATES, INC.

turbo59 · Post by **turbo59** » Thu Oct 31, 2002 7:31 pm

what is the method for figuring 45 days cost of sale over a three month period?

turbo59

on the learning curve....

scotstrong · Post by **scotstrong** » Fri Nov 01, 2002 7:41 am

turbo59:

Take six months cost of sales (sales minus gross profit), add together (which equals 180 days), then divide by 4 to get 45 days cost of sales.

[This message has been edited by scotstrong (edited 11-01-2002).]

jazdale · Post by **jazdale** » Fri Nov 01, 2002 9:58 am

I hate to nit-pick

3 months = 90 days, not 180

scotstrong · Post by **scotstrong** » Fri Nov 01, 2002 3:54 pm

thanks jazdale, i have edited my dislexic response.